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Starbucks CEO Brian Niccol declares plans for company layoffs

Starbucks CEO Brian Niccol declares plans for company layoffs
January 18, 2025



Starbucks mentioned Friday it plans an unspecified collection of layoffs because it restructures its company group of workers.

SEATTLE — Starbucks mentioned Friday, Jan. 17, it plans an unspecified collection of layoffs because it restructures its company group of workers.

In a letter to workers, Starbucks Chairman and CEO Brian Niccol mentioned the Seattle espresso large wishes to make sure all paintings has a transparent and responsible proprietor who could make choices. The corporate should also scale back complexity and silos.

“Our dimension and construction can sluggish us down, with too many layers, managers of small groups and roles centered totally on coordinating paintings,” Niccol wrote.

The layoffs may not have an effect on baristas in Starbucks’ shops. Niccol mentioned choices shall be communicated by means of early March.

“I don’t take those choices calmly, and I recognize that this may create uncertainty and worry between from time to time,” Niccol wrote. “I sought after to be clear about our development and our plans and make sure that you listen about this paintings immediately from me.”

Starbucks has roughly 16,000 company workers international, together with 10,000 within the U.S. and six,000 in different international locations. The corporate employs a complete of 361,000 other folks international, in step with its annual record filed in September.

Starbucks noticed disappointing gross sales during the last 12 months as U.S. consumers pulled again on their spending and consumers in China flocked to lower-priced opponents.

In September, the corporate introduced in Niccol, an skilled marketer who up to now led Taco Bell and Chipotle, to lend a hand it flip issues round.

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Author: OpenAI

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