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Starbucks to lay off 1,100 corporate workers

Rolling Out · 14m

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 Washington Post on MSN · 22h

Starbucks plans to lay off more than 1,100 corporate jobs

The job cuts are part of CEO Brian Niccol’s plans to streamline operations and create a more nimble workforce.

NBC News on MSN · 22h

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.

Starbucks Is Removing Drinks From Its Menu

Rolling Out · 43m

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 faster service.

Food & Wine · 2h

Starbucks Cuts 13 Drinks From Its Menu — Is Your Favorite on the Chopping Block?

As part of CEO Brian Niccol's “Back to Starbucks” push, the Seattle-based coffee chain is dropping multiple Frappuccinos, matcha drinks, and other fan favorites. By September, as much as 30% of the menu could be gone.

USA Today · 57m

The 13 Starbucks drinks menu items being removed in March

Bad news if you like any of these 13 drinks from Starbucks: they’re going off the menu in March. As part of the changes the coffee chain is making to help with sales, Starbucks is reducing menu items, and we now know the drinks that won’t be available starting on March 4.

China, Starbucks and KKR

Reuters on MSN · 5h

Exclusive-KKR, Fountainvest and PAG Among Those Eyeing Starbucks China Stake, Sources Say

In China, home to more than a fifth of all Starbucks stores, the chain is dealing with a sluggish economic growth and stiff competition from local brands such as Luckin Coffee, which has gained market share with cheaper products and a wider coverage in lower-tier cities.

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),

23hon MSN

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 ...

4don MSN

Starbucks' CEO wants to change how you pick up your morning coffee

Starbucks CEO Brian Niccol said the chain was considering letting customers choose when they pick up their mobile orders as ...

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 ...

5don MSN

Starbucks is making a big change to cups — but some iced coffee lovers will be mad

Starbucks fans are not hot about this cold drink change. Cold coffee orders will no longer come in a plastic cup in some ...

12don MSN

Starbucks Just Released an Instant Coffee — and It Actually Froths

No espresso machine? No problem. Starbucks' Crema Collection whips up a thick, foamy layer in seconds. It's your shortcut to ...

Grist17h

Why some Starbucks locations are switching from plastic to paper cups

The Seattle-based coffee company announced this week that about 580 of its stores had begun replacing its cold drinks cups — ...

21h

Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort

The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.

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 ...

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