Starbucks to Lay Off 1,100 Corporate Workers

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  Starbucks to lay off 1,100 corporate workers as sales sag

  Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.
  
  NBC News - 5h

• Starbucks to lay off 1,100 corporate workers as sales sag

  Starbucks made the layoff announcement after four straight quarters of falling same-store sales.
  
  CNBC - 5h

• Starbucks is laying off 1,100 workers and cutting drinks from its menu

  Starbucks said the layoffs and slimmed down menu will help stores operate more efficiently.
  
  CBS News - 2h
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  Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort

  The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.
  
  Inc. - 4h
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  Starbucks asks office workers to stay at home as it announces 1,100 job cuts

  Corporate lay-offs are the first for coffee shop chain since 2018
  
  Financial Times - 4h

• Starbucks to cut 1,100 jobs in latest streamlining move

  Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.
  
  MarketWatch - 5h
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  Meta Approves Executive Bonuses Up to 200 Percent After Laying Off 1 in 20 Workers

  Your company should consider the message this sends to the non-executive workforce, and not follow the tech giant’s example.
  
  Inc. - 3d
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  Musk’s Team to Lay off Auto Safety Agency Workers Overseeing His Car Company

  Elon Musk accused the National Highway Traffic Safety Administration of holding back self-driving technology.
  
  Inc. - 2d

• ‘You know what? They quit!’ Resigning by proxy and the crisis of corporate Japan

  Agencies that help dissatisfied employees make a clean break are putting pressure on companies and exposing a demographic problem
  
  Financial Times - 2d

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