Starbucks Corporation (SBUX)
Starbucks announces significant layoffs under CEO's turnaround plan
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is laying off approximately 1,000 corporate employees as part of its new CEO Brian Niccol's turnaround plan. “Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration,” Niccol wrote in a letter to staff.
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.
Starbucks to lay off over 1,000 corporate workers
Starbucks announced it was laying off over 1,000 corporate workers as it tries to simplify operations as part of its "Back to Starbucks" turnaround plan.
Starbucks is laying off 1,100 corporate staff this week
Starbucks is laying off 1,100 corporate employees this week, the company said. The coffee chain will notify affected employees by midday Tuesday.
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees, CEO Brian Niccol said on Monday. The cuts will not affect staff at cafes.
Starbucks to eliminate 1,100 corporate roles
Starbucks CEO Brian Niccol said on Monday the coffee chain has decided to eliminate 1,100 corporate roles.
Starbucks Is Revamping Its Cafes. Some Competitors Care More About the Drive-Thru
Starbucks longs for the days when cafes were for sitting and sipping. But the growth of some competitors is a reminder that there's still money to be made in serving hot drinks quickly.
Starbucks's Sales Are Lagging: How Its New CEO Plans to Save the Company | WSJ
Starbucks is in a slump after a year of declining sales, boycotts and executive turnover. Now, the company has hired former Chipotle CEO Brian Niccol to turn the tide for the world's largest coffee chain.
Starbucks takes a step toward sustainability with new compostable cups
Starbucks is shaking things up with a new approach to its cold drink cups. Instead of the usual clear plastic, many locations are now serving iced drinks in cold compostable cups—a big step toward cutting down on plastic waste.
Digesting Super Bowl Ads, Dunkin' & Starbucks Plans, and Some Weight Loss Drug News
In this podcast, Motley Fool analyst David Meier and host Dylan Lewis discuss:
3 Reasons to Buy Dutch Bros Stock Today, and 1 Reason to Be Cautious
Once upon a time, if you wanted a coffee stock you could rely on, that stock would be Starbucks. Starbucks has embarked on a journey back to its roots, and it still offers value for shareholders.
Starbucks Makes Big Bet On Day After Super Bowl: Data Shows The Move May Have Won
Starbucks Corporation SBUX is one of many companies that benefitted from Super Bowl LIX's record viewership on Sunday Feb. 9.
