Starbucks is set to lay off 1,100 corporate employees and will not fill several hundred other open positions. This decision, announced by CEO Brian Niccol, aims to streamline the company’s structure by removing layers and duplication, creating smaller, more agile teams. The layoffs will not impact workers at Starbucks’ cafes. The move comes as the company faces four consecutive quarters of declining same-store sales, with customers increasingly turning to cheaper alternatives in the U.S. and China. Starbucks, which had about 16,000 corporate employees last year, is focusing on efficiency, accountability, and integration to drive better business outcomes. The layoffs will affect corporate support staff but spare those in roasting, manufacturing, warehousing, and distribution.
Source: www.cnbc.com















