Starbucks CEO expects to make corporate cuts this spring
Starbucks CEO Brian Niccol said Friday he expects a round of corporate layoffs will come as soon as this spring, as the company streamlines operations in an effort to turn around performance.
Starbucks plans to announce corporate layoffs by early March
Niccol noted steps taken in the US and Canada since he took over in September, including the return of the condiment stations, and eliminating the up-charge for alternative milk. It also set a goal to get customers their handcrafted beverage in four minutes or less, and add shifts in over 3,000 stores.
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
Starbucks will cut jobs as part of turnaround effort
State-owned investment fund SEPI has proposed to replace Telefonica's Chief Executive Jose Maria Alvarez-Pallete, who has led the company since 2016, a source with knowledge of the matter told Reuters on Saturday.
Starbucks to Lay Off Some Corporate Employees
Starbucks’ ongoing comeback plan will now include layoffs. CEO Brian Niccol said in a letter Friday that the brand will have “job eliminations and smaller support teams moving forward” as it looks to revitalize the company.
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.
Starbucks to trim jobs as part of turnaround strategy, says CEO
Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company's ongoing turnaround efforts. The details of the job cuts, to be announced by early March,
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
Starbucks CEO sees job eliminations, smaller support teams moving forward
CEO Brian Niccol said in a message to staff, “In September, we outlined our plan to revitalize Starbucks by focusing on what
Starbucks is bringing back a huge conference for its store managers as new CEO Brian Niccol stamps his mark
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Minimum wage increases pose major challenge for restaurant industry in blue states
Some 65 cities across the country rolled out wage increases at the start of the month, and restaurant owners are still ...
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Starbucks to cut some support staff
The coffee shop giant’s CEO said that the company’s “size and structure can slow us down” and there will be job eliminations ...
Mellody Hobson Bids Farewell To Starbucks Board, Eyes Future As 'Steadfast Investor'
Mellody Hobson resigns from Starbucks' board after 20 years, expressing confidence in the company's future under new leadership amid challenges.