Starbucks announces corporate layoffs amid sales slump
The American coffeehouse chain Starbucks has announced a reduction in corporate staff, as communicated by the company's CEO, Brian Niccol, in a letter to the team. According to Reuters, Starbucks CEO Brian Niccol announced that the company intends to execute layoffs due to unsatisfactory sales results for the past year.
Starbucks corporate layoffs looming in March: CEO
Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.
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 warns of corporate layoffs in March
CEO Brian Niccol framed forthcoming job cuts as a way to increase efficiency and accountability and reduce organizational complexity.
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 to cut corporate jobs amid sales slump concerns
The American coffeehouse chain Starbucks has announced a reduction in corporate staff. The company's CEO, Brian Niccol, informed the team in a letter. According to Reuters, Starbucks CEO Brian Niccol announced that the company intends to carry out layoffs due to unsatisfactory sales results for the past year.
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
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