Latest in Starbucks Slashes
Sort by
16 items
-
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. - 12h -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - 3d -
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 - 12h -
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 - 6h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 4d -
-
-
Will Starbucks’s Turnaround Be Successful? It All Comes Down to 1 Sentence
CEO Brian Niccol is trying to turn around Starbucks. Is his best bet following the Barnes & Noble playbook?Inc. - 2d -
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 - 13h -
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 - 13h -
Starbucks axes some drinks and staff in bid for US turnaround
Menu items getting the axe in the US include the Royal English Breakfast Latte.BBC News - 11h -
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 - 10h -
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 2018Financial Times - 5h -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - 1d -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 1h -
Starbucks removing over a dozen drinks from its menu next week: Here's the list
The coffee giant has announced that it is removing 13 less popular drinks on March 4.The Hill - 9h
