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Starbucks Plans Corporate Layoffs
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
Starbucks plans to announce corporate layoffs by early March
Niccol noted steps taken in the US and Canada since he took over in September, including the return of the condiment stations, and eliminating the up-charge for alternative milk. It also set a goal to get customers their handcrafted beverage in four minutes or less, and add shifts in over 3,000 stores.
Starbucks CEO expects to make corporate cuts this spring
Starbucks CEO Brian Niccol said Friday he expects a round of corporate layoffs will come as soon as this spring, as the company streamlines operations in an effort to turn around performance. "Across our support teams,
1d
How Corporate Boards Should Think About DEI As Trump Takes Office
Board directors should have conversations with their executives on what is in the best interests of the company as they ...
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What is the future for the corporate HQ?
Gianpiero Petriglieri, associate professor of organisational behaviour at Insead, argues that one characteristic that will ...
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Corporate Transparency Act and Small Businesses
The American Psychological Association found that parents do indeed have a favorite child: “I hear all the time, ‘He’s your ...
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on MSN
German corporate distress racing towards pandemic-level highs this year
German companies are set to endure more pain this year, with a new pessimistic forecast suggesting the country’s corporate ...
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on MSN
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going ...
1d
on MSN
Trump call to slash corporate tax rate could face populist chopping block
Though the law instantly came under fire by Democrats as a “tax scam” giveaway to millionaires and billionaires that left ...
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on MSN
Amazon lays off 200 staffers from its corporate offices
We’re always looking at our team structures to ensure we’re best set up to move fast as we innovate for customers,” an Amazon ...
grocerydive
3d
Albertsons announces corporate layoffs
The grocer didn’t offer specifics, though a WARN notice in Arizona noted that the company is firing 225 corporate office ...
1d
Corporate hedging to save debt costs may have worsened 10yr sell-off
A sell-off in U.S. Treasury markets in recent weeks was likely made worse by corporate plans to borrow nearly $190 billion in ...
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