New Starbucks CEO announces global layoffs, aims at streamlining operations

In a letter to employees released Monday, Chairman and CEO Brian Niccol said the company will inform employees who are being laid off by mid-day Tuesday.

SEATTLE — 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. Niccol said Starbucks is also eliminating several hundred open and unfilled positions.

“Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration,” Niccol wrote in the letter.

Starbucks has

→ Continue reading at KGW TV

Related articles

Comments

Share article

Latest articles