Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

Shares of Starbucks Corp (SBUX) rose more than 1.30% on Monday after the company reportedly announced it will lay off 1,100 ...

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform ...

From Infosys and Meta to Starbucks, companies have started mass layoffs over cost-cutting measures or organizational restructuring to tackle economic pressures and maintain profitability.

CEO Brian Niccol said Starbucks will be laying off over 1100 corporate workers as it tries to turn around its business. The company will also be eliminating “several hundred” open and unfilled ...

More foods and beverages are expected to be removed from the Starbucks menu in the coming months, Monday’s announcement added ...

Starbucks, under the leadership of new Chairman and CEO Brian Niccol, has announced plans to lay off 1,100 corporate employees globally as part of a strategic effort to streamline operations and ...

Starbucks is the latest corporation to join the mass layoff trend, reducing its corporate workforce by nearly seven percent.

Starbucks announced a major restructuring initiative on Monday that includes the elimination of 1,100 corporate roles across ...

Starbucks is laying off 1,100 workers, CEO Brian Niccol said in a companywide message that was made public Monday.

Starbucks announced last month that it would cut about 30% of its menu – food and drinks – before the end of 2025, CNN reported at the time. It already removed olive oil and iced energy beverages last ...

Starbucks will lay off 1,100 corporate employees and eliminate hundreds of open and unfilled positions, chief executive Brian ...