Starbucks to Lay Off More Than 1,000 Workers
The company will also not fill hundreds of open positions. The cuts are part of new CEO Brian Niccol’s effort to streamline ...
Starbucks Has More Than Business Problems To Fix: It’s Losing 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".
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 ...
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 ...
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, ...
Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them
Starbucks has big plans to overhaul its menu this March by replacing 10 existing drinks with brand-new concoctions. This ...