Starbucks Layoffs: 1,100 Jobs Cut Amidst CEO’s $96 Million Pay Package
To streamline operations and improve efficiency, Starbucks is eliminating 1,100 corporate positions globally, alongside several hundred unfilled roles. This restructuring, announced by new CEO Brian Niccol, aims to reduce complexity and improve accountability within the company’s corporate structure. The layoffs do not affect Starbucks’ store-level baristas. This action follows similar workforce reductions at other large companies and comes as Starbucks seeks to revitalize sales and enhance customer experience.
John Q. Hosedrinker