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Starbucks to cut 1,100 corporate employees

Rolling Out · 8m

Starbucks cuts jobs amid 4 quarters of falling sales

Starbucks announces elimination of jobs as new CEO Brian Niccol addresses four consecutive quarters of declining sales.

The New York Times · 15h

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.

The Associated Press on MSN · 23h

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by mid-day Tuesday.

China, Starbucks and KKR

Reuters on MSN · 3h

Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say

KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market.

Business Insider · 1h

KKR and Rivals Compete for a Stake in Starbucks China

KKR & Co (KKR) and its Asian rivals, such as FountainVest Partners and PAG, are reportedly competing to acquire a stake in Starbucks’

Seeking Alpha on MSN · 1h

Starbucks eyes selling a stake in its China business

Starbucks (NASDAQ:SBUX) is reportedly exploring options to sell a stake in its China business, with several buyout firms and Chinese companies showing interest. Sources told Reuters that KKR & Co (KKR),

22mon MSN

McDonald's, Starbucks targeted by rival fast-food chain's takeover

SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 The two companies used to be widely different, with Dunkin' dominating the ...

Starbucks scraps 13 customer favorites in menu revolution

Starbucks is cutting nine Frappuccinos and four other popular drinks as part of a 30% menu reduction by September, promising ...

1h

Denver coffee roaster converts Starbucks into new location

Of those, five had been coffee shops previously, including an Allegro on Tennyson Street in Denver, a Peet’s Coffee in ...

2hon MSN

Irvington Starbucks temporarily closed for renovations, aiming for April reopening

The Starbucks location at 5702 E. Washington St. is closed for renovations with plans to reopen April 11, a spokesperson for ...

Hosted on MSN2h

A Starbucks drive-thru is under construction in Stroud Township. When will it be done?

Construction on the new Starbucks in Stroud Township has faced some challenges due to weather conditions, but is moving ahead ...

15hon MSN

Starbucks Unleashes Mass Layoffs

How Many Employees Does Starbucks Have? Starbucks has around 16,000 corporate employees, meaning the layoffs would affect ...

23h

Starbucks to Eliminate More Than 1,000 Corporate Roles

Starbucks CEO Brian Niccol said on Monday the coffee chain has decided to eliminate 1,100 corporate roles. The layoff would ...

20h

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 ...

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