Starbucks Announces Third Round of US Layoffs

Starbucks is cutting 300 jobs in the US and reviewing international corporate roles, marking its third round of layoffs under CEO Brian Niccol as part of a $400 million restructuring aimed at boosting profitable growth.

18 May, 10:50 — 18 May, 10:50

Post Share

Sources

Showing 1 of 1 sources

Times of IndiaMostly Factual100d ago

In its third round of layoffs under CEO Niccol, Starbucks is cutting hundreds of jobs in US

Starbucks is cutting 300 US jobs and reviewing international corporate roles, marking its third round of layoffs under CEO Brian Niccol. This move, part of a $400 million restructuring, aims to boost profitable growth by sharpening focus and reducing costs. These cuts exclude coffeehouse staff, as the company pursues its 'Back to Starbucks' strategy.

By TOI TECH DESK

Read full article →

PERSPECTA

PERSPECTA

Starbucks Announces Third Round of US Layoffs

Sources

In its third round of layoffs under CEO Niccol, Starbucks is cutting hundreds of jobs in US

Related Stories

Nigerian Government and Student Union Criticize Atiku’s Push to Restore Fuel Subsidies

Meta Agrees to $18 Billion Settlement in Child Social Media Addiction Lawsuits

Romanian President Sends Decarbonization Law to Constitutional Court

Italy Revives One-Euro Home Sales Program Amid Housing Initiatives

PERSPECTA