Starbucks CEO announces layoffs of 1,100 corporate employees to boost efficiency and sales. Changes in store experience and menu planned.
Starbucks is laying off 1,100 corporate employees as part of a restructuring plan to drive greater impact and efficiency. CEO Niccol leads the 'Back to Starbucks' effort amidst financial challenges.
Starbucks CEO Brian Niccol reveals plans to lay off 1,100 corporate employees in a restructuring move aimed at increasing efficiency and driving impact. The coffee chain seeks to bounce back from declining sales.