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

• 

  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 - 2h
• 

  Starbucks to Lay Off 1,100 Corporate Workers

  The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.
  
  The New York Times - 34m
• 

  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. - 1h
• 

  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 - 1h

• 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 - 1h
• 

  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. - 2d
• 

  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. - 1d
• 

  Nerf's Needler Blaster Replica From The Halo Franchise Is On Sale For 33% Off

  One of the coolest Halo collectibles and Nerf blasters released in recent years is the Nerf LMTD Needler . The "limited-edition" dart gun--at this point, it doesn't seem to align with its ...
  
  GameSpot - 3d
• 

  Stocks tumble as Walmart sales growth forecast disappoints

  Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.
  
  NBC News - 3d

More from CNBC

• Apple to open AI server factory in Texas as part of $500 billion U.S. investment

  Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.
  
  CNBC - 1h

• 'Uphill battle' ahead: Trump, business leaders and economists react to German election result

  As a new chapter in German politics begins on Monday following the federal election at the weekend, there's a distinct feeling of déjà vu in Berlin.
  
  CNBC - 1h

• PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone

  PayPal Open is designed to unify the payment company's fragmented suite of enterprise solutions under a single brand.
  
  CNBC - 21m

• Onetime market favorite Palantir drops 8% on Monday and is now down more than 25% from high

  The stock is on pace for its fourth straight losing session.
  
  CNBC - 14m

• Lawsuit challenges Musk 'resignation' threat to federal workers

  Elon Musk has been tasked by President Donald Trump with slashing federal government spending and the federal employee headcount, an effort known as DOGE.
  
  CNBC - 8m

More in Business

• ‘A financial education is the best form of protest.’ This money pro shares her wealth-building secrets.

  Tori Dunlap, founder of Her First $100K, wants you to be smart about spending and saving.
  
  MarketWatch - 5m

• Lawsuit challenges Musk 'resignation' threat to federal workers

  Elon Musk has been tasked by President Donald Trump with slashing federal government spending and the federal employee headcount, an effort known as DOGE.
  
  CNBC - 8m

• Onetime market favorite Palantir drops 8% on Monday and is now down more than 25% from high

  The stock is on pace for its fourth straight losing session.
  
  CNBC - 14m

• PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone

  PayPal Open is designed to unify the payment company's fragmented suite of enterprise solutions under a single brand.
  
  CNBC - 21m

• These three healthcare stories are spooking investors. But they shouldn’t worry.

  Rumors of cuts to Medicare Advantage and a new Justice Department probe of UnitedHealth have investors focused on the wrong things, one analyst says.
  
  MarketWatch - 25m