Starbucks Eliminates 300 Corporate Jobs and Closes Regional Offices to Accelerate Turnaround Plan

Starbucks is eliminating 300 US corporate positions and closing regional offices to advance CEO Brian Niccol's turnaround strategy.This restructuring, which carries 400 million dollars in associated charges, excludes cafe staff while aiming to reduce operational complexity and costs.Strong quarterly sales performance and analyst confidence suggest these measures are successfully supporting the brand's long-term recovery objectives.
Published:2h
Tags
Read more
Discuss