Starbucks Corporation (SBUX)
Starbucks's turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks's promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.
Starbucks to cut corporate jobs as CEO continues overhaul of coffee giant
“Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work,” Niccol wrote.
Starbucks to trim jobs as part of turnaround strategy, says CEO
Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company's ongoing turnaround efforts.
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
Starbucks (SBUX) Ascends But Remains Behind Market: Some Facts to Note
In the most recent trading session, Starbucks (SBUX) closed at $93.08, indicating a +0.01% shift from the previous trading day.
Hanging Out At Starbucks Will Cost You As Company Reverses Its Open-Door Policy
A spokesperson for the coffee chain said the new rules are designed to help prioritize paying customers.
Starbucks Shines, QSR Faces Challenges: BofA's 2025 Restaurant Outlook
BofA Securities analysts Sara Senatore and Katherine Griffin expressed their views on the restaurant industry for the year ahead 2025.
Starbucks is extending its free refill policy as it tries to make customers stay longer in stores
Starbucks is extending its free refills policy to non-rewards members with reusable cups. Customers at participating stores will be eligible for a top-up of many brewed coffee and teas.
Starbucks launches new store code of conduct as union talks break down
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) has rolled out a new code of conduct that includes a new requirement that customers must make a purchase in order to sit at a table or use the toilets. Reversing the open-door policy that has been in place since 2018, the coffee shop chain confirmed the changes to staff on Monday as part of new chief executive Brian Niccol's plans to improve sales and relations with employees.
Starbucks to Kick Out People Who Aren't Customers
After decades during which people who did not buy items at Starbucks Corp. (NASDAQ: SBUX) could use its stores to meet or as a means to gather with friends won't be able to do that anymore.
Starbucks reverses store policy with UK impact unclear
Starbucks has reversed its North American policy allowing people to sit in stores and use the loo without buying anything.
Starbucks changes open-door policy
CNBC's Joe Kernen reports on the latest news.
