Starbucks Corp. | Layoff Event
Layoff Details
- Reason
- Starbucks cut 1,100 corporate roles as part of a $1 billion restructuring plan aimed at simplifying operations and reviving sales after multiple quarters of declines. This is part of a broader strategic initiative to streamline the organization and improve financial performance.
- Affected Departments
- Corporate
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Recent Starbucks Corp. News
Company Info
- Website
- www.starbucks.com
- Industry
- Restaurants
- Sector
- Consumer Cyclical
- Headquarters
- Seattle, WA, United States
- CEO
- Mr. Brian R. Niccol
- Employees
- 381,000
Event Snapshot
Financials
Disclaimer
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