Ticker: Starbucks plans corporate layoffs; Walgreens accused of filling fraud prescriptions
Starbucks said 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 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.
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 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 Announces Job Cuts to Streamline Operations
Starbucks CEO Brian Niccol announced plans to reduce jobs within support teams to enhance efficiency as part of the companys turnaround strategy. The changes, expected to be revealed by early March, will not
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