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Starbucks to lay off 1,100 corporate employees

Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's driving the changes.

The New York Times · 18h

Starbucks to Lay Off 1,100 Corporate Employees Amid Sluggish Sales

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.

Newsweek on MSN · 18h

Starbucks Unleashes Mass Layoffs

Starbucks announced a major restructuring initiative on Monday that includes the elimination of 1,100 corporate roles across its global support teams. The move, communicated by Starbucks CEO Brian Niccol in a press release,

3h

Starbucks is cutting its menu. Are your favorites disappearing? What to know in Michigan

Starbucks will cut over a dozen drinks from its menu in Michigan starting March 4. Here's a look at what to know.

1h

You have one week left to get these 13 Starbucks drinks in Wisconsin

Starbucks will cut over a dozen drinks from its menu beginning March 4. Here's how Wisconsin locations will be impacted.

1d

Starbucks to eliminate more than 1,000 corporate roles

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

3d

Retailers’ Risk From DEI Policies Grows After Target And Starbucks Are Hit With Lawsuits

The legal battle against corporate DEI policies has escalated as Florida files suit against Target and Missouri against ...

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