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Hosted on MSN · 4d

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 corporate employees and freeze open positions, with retail sentiment staying bullish.

USA TODAY on MSN · 3d

Starbucks laying off 1,100 corporate workers this week, CEO Brian Niccol announces

Starbucks will lay off 1,100 non-retail employees as Brian Niccol, the new CEO of the Seattle-based coffee chain, aims to streamline operations.

The New York Times · 4d

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 to win back customers.

Starbucks Lays Off 1,100 Amid Streamlining Move

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by midday Tuesday.

4don MSN

Starbucks to cut menu items and lay off 1,100 staff to streamline operations

Starbucks to cut menu items and lay off 1,100 staff to streamline operations - About 30 percent of its menu will be cut to ...

4don MSN

Starbucks to lay off 1,100 corporate workers, updates remote work policy

Starbucks is cutting 1,100 corporate positions as part of a bid to create “smaller, more nimble teams,” CEO Brian Niccol ...

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