Starbucks to lay off 1,100 corporate workers, updates remote work policy
Starbucks had around 361,000 employees worldwide as of September. Niccol, the former Chipotle CEO, also laid out an updated ...
Starbucks to Lay Off 1,100 Corporate Employees Amid Sluggish Sales
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan ...
Starbucks to cut menu items and lay off 1,100 staff to streamline operations
Starbucks will lay off 1,100 corporate employees globally and cut its menu by 30 percent as new Chairman and CEO Brian Niccol ...
Wake Up And Smell The Coffee: Starbucks Appears As A Re-Heated Beverage
Starbucks faces challenges with job cuts, high valuations, and shifting consumer trends. Learn why I think that SBUX stock ...
Exclusive-KKR, Fountainvest and PAG Among Those Eyeing Starbucks China Stake, Sources Say
The rise of low-cost local chains - such as Mixue Bingcheng, Luckin and Cotti, which serve up tea, fruit and coffee drinks ...
Bill Ackman's biggest hits and misses
Explore Bill Ackman's high-stakes activist campaigns, shaping corporate giants like Canadian Pacific, Herbalife, and Chipotle ...
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Starbucks Stock In Focus As CEO Announces Layoffs: Retail Stays Bullish
Shares of Starbucks Corp (SBUX) rose more than 1.30% on Monday after the company reportedly announced it will lay off 1,100 ...
Starbucks is laying off more than 1,000 workers
Starbucks is laying off 1,100 corporate employees as part of an effort to streamline operations and focus on its core ...
Chipotle's Strong Unit Economics and Digital Prowess Should Drive Long-Term Outperformance
We view Chipotle's financial strength as sound, with the firm maintaining $1.4 billion in cash, investments, and cash equivalents at the end of the fourth quarter of 2024, access to a $500 million ...