Starbucks to lay off 1,100 employees this week as CEO aims to deliver on turnaround
Starbucks announced it will eliminate about 7% of corporate jobs as CEO Brian Niccol focuses on the company's turnaround plan ...
Starbucks Has More Than Business Problems To Fix: It’s Lost Customer Goodwill
Starbucks is losing as a place where people want to go for coffee. It's lost customer goodwill and it needs more than a ...
Starbucks hoped mobile orders and the drive-through would save its business. New CEO Brian Niccol says that was a mistake.
Starbucks new CEO Brian Niccol says "I think we got confused that mobile ordering could solve the entire business".
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Starbucks CEO says a turnaround is underway, with no timeline on the table
"I think we're definitely in the middle of a turnaround," Niccol said on Yahoo Finance (video above). The former Chipotle CEO — who officially took over at Starbucks on Sept. 9, 2024 — has a ...
Starbucks to cut a third of its menu offerings this year as the coffee giant streamlines service
In a Tuesday earnings call, Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year as it streamlines service.
Malaysia Starbucks franchise holder triples loss on boycotts
Berjaya Food reported its fifth straight quarterly loss as Malaysian customers boycotted U.S. brands over America’s support ...
Starbucks Unleashes Mass Layoffs
Starbucks has around 16,000 corporate employees, meaning the layoffs would affect just under 7 percent of its corporate workforce. Starbucks employs roughly 361,000 people globally, with about 211,000 ...
Starbucks axes 1,100 jobs in bid for US turnaround
Starbucks is cutting 1,100 jobs and simplifying its menu in the US as it tries to improve flagging business in its home ...