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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 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 plans corporate layoffs
Starbucks Chairman and CEO Brian Niccol, who started in the job in September, said the company needs to reduce complexity among its corporate staff.
Starbucks will cut jobs as part of turnaround effort
Starbucks (SBUX.O), opens new tab CEO Brian Niccol said on Friday the coffee giant will cut jobs as part of its turnaround efforts. The details of the job cuts, to be announced by early March, will not affect the company's in-store teams or the investments it makes in store hours,
Starbucks CEO Brian Niccol announces plans for corporate layoffs
"I do not take these decisions lightly, and I appreciate that this will create uncertainty and concern between now and then," Niccol wrote. "I wanted to be transparent about our p
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on MSN
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it ...
6h
on MSN
How a 'low performer' label can make things worse for laid-off workers
Experts say such labels can create additional barriers for laid-off employees searching for new jobs.
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on MSN
Chicago Reader announces layoffs and CEO exit as alternative weekly struggles to survive as nonprofit
Driven by an “urgent need to reduce costs” and the “imminent risk of closure” amid financial challenges, the Reader announced ...
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on MSN
More Americans file for unemployment benefits last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job ...
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18h
Landus Announces Layoffs Across Locations During Employee Conference On Friday
Landus announces layoffs today (Friday) during a companywide conference call with employees. A spokesperson for the Des ...
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on MSN
Just months after being acquired by Sony, Alamo Drafthouse hit with substantial layoffs
Less than a year after being acquired by Sony Pictures Entertainment, Austin-based Alamo Drafthouse Cinema announced ...
11d
on MSN
The Washington Post Announces Layoffs Impacting About 4% Of Staff
The Washington Post announced that it is eliminating less than 100 positions, in layoffs that will impact about 4% of its ...
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