Abril Elfi
Starbucks To Lay Off 1,100 Corporate Workers, Cutting More Than 10 Drinks From Menu
Starbucks is set to lay off 1,000 corporate workers, in addition to cutting more than ten drinks from its menu.
Back to Starbucks
Starbucks to cut 1,100 corporate roles in CEO Niccol’s turnaround push
Starbucks said it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts with falling sales.
Brian Niccol
Starbucks sales set to drop again as investors wait for turnaround
Starbucks is set to report its fourth straight quarter of comparable sales decline in what could be another blow for efforts to revive demand at the struggling coffee chain.
baristas
Starbucks workers union authorizes potential US strike
The workers union representing Starbucks baristas said they have authorized a potential strike, ahead of this year’s final round of bargaining talks.
activist investors
Starbucks Replaces Its CEO With Chipotle CEO After Year Of Low Sales: ‘Management Shakeup’
The coffee giant Starbucks is replacing its CEO with the former head of Chipotle to be in charge of the Seattle-based coffee chain, with hopes of reviving sales and appeal to outside investors.