Starbucks is laying off 1,100 workers and cutting drinks from its menu
Read more at CBS News
-
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 - 4h -
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 - 6h -
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 - 6h -
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 - 2h -
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 -
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 -
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 -
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 -
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 - 4h
More from CBS News
-
Feb 24: CBS News 24/7, 1pm ET
President Trump and French President Emmanuel Macron meet at the White House to discuss the war in Ukraine; Apple plans to invest $500 billion in the U.S. over the next four years.CBS News - 19m -
Do you know these heart disease risk factors? Many Americans don't, survey finds.
Many Americans are unaware of the risk factors for heart disease, according to a recent survey from the Cleveland Clinic. Here's what to know.CBS News - 31m -
Will the price of gold hit $3,000 this March?
The price of gold is teetering near the $3,000 mark. Here's how it could break that record this March.CBS News - 32m -
Why the Associated Press is suing Trump White House officials
The Associated Press is suing several top White House officials over access to some Trump administration events. This comes after the AP lost some coverage access surrounding its choices on the ...CBS News - 37m -
Some agency heads push back on demands for federal employees that Musk touted
Several federal agency leaders appointed by President Trump told employees not to reply to an Office of Management and Budget email demanding more details on accomplished tasks. Elon Musk previewed ...CBS News - 45m
More in Top stories
-
The Singular Charm of Parker Posey
For years, the "indie queen” has had trouble finding satisfying work in Hollywood’s shifting landscape. Then, along came “The White Lotus.”The New York Times - 12m -
'Radical change': Inside Trump's State Department takeover of USAID
A State Department official told leaders of foreign aid groups that U.S. foreign aid funding was undergoing "radical change," according to audio obtained by ABC News.ABC News - 15m -
Ex-surgeon admits 'despicable acts' in French child abuse trial
Joel Le Scouarnec is accused of assaulting or raping 299 people, the vast majority under 15 years old.BBC News - 17m -
Roberta Flack, Virtuoso Singer-Pianist Behind ‘Killing Me Softly,’ Dies at 88
With majestic anthems like “Killing Me Softly” and “The First Time Ever I Saw Your Face,” Ms. Flack, a former schoolteacher, became one of the most widely heard artists of the 1970s.The New York Times - 19m -
Feb 24: CBS News 24/7, 1pm ET
President Trump and French President Emmanuel Macron meet at the White House to discuss the war in Ukraine; Apple plans to invest $500 billion in the U.S. over the next four years.CBS News - 19m