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Starbucks to Lay Off 1,100 Corporate Employees

Hosted on MSN · 15h

Starbucks to lay off 1,100 workers and cut these 13 drinks amid lackluster sales

The changes come just weeks after the coffee giant reversed its longstanding open-door policy. Starbucks plans to lay off 1,100 corporate employees and eliminate hundreds of open and unfilled positions,

The New York Times · 1d

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 To Remove 13 Drinks And Lay Off 1,100 Employees – Here’s Why

In a strategic move to enhance efficiency and speed up service, Starbucks has announced the removal of 13 beverages from its menu.

China, Starbucks and KKR

EconoTimes · 1d

Starbucks Eyes China Stake Sale Amid Sluggish Growth and Rising Competition

Starbucks (NASDAQ: SBUX) is reportedly exploring the sale of a stake in its China business as it grapples with declining sales in its second-largest market. Private equity giants KKR Co (NYSE: KKR), Fountainvest Partners,

Reuters on MSN · 23h

Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say

KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market.

Business Insider · 1d

KKR and Rivals Compete for a Stake in Starbucks China

KKR & Co (KKR) and its Asian rivals, such as FountainVest Partners and PAG, are reportedly competing to acquire a stake in Starbucks’

1h

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 ...

21h

Major Chain Lays Off 1,100 Employees as Sales Struggles Continue

Starbucks is laying off 1,100 corporate employees and cutting menu items as part of a major restructuring effort to boost ...

2d

Starbucks is laying off workers and paring back the menu as it tries to turn the business around

Starbucks is taking Frappuccinos with cookies and cream, white chocolate and other Frappuccino drinks off the menu.

23h

4 big risks to Starbucks stock after its hot run

It may be time to book profits in the piping-hot shares of coffee giant Starbucks . Starbucks stock has gained 15% in the ...

2d

Starbucks Has More Than Business Problems To Fix: It’s Losing Customer Goodwill

Starbucks is losing as a place where people want to go for coffee. It's lost customer goodwill and it needs more than a ...

1don MSN

Starbucks is removing these 13 menu items from its menu next week

Starbucks is removing 13 drinks from its menu, including nine of its Frappuccino menu items.

4don MSN

Starbucks Is Revamping Its Cafes. Some Competitors Care More About the Drive-Thru

Key Takeaways Starbucks is focused on improving its in-store experience while many of its smaller competitors are looking to ...

5don MSN

Starbucks hoped mobile orders and the drive-thru would save its business. New CEO Brian Niccol says that was a mistake

Starbucks’ “mosh pit” problem at the barista counter has been a priority for new CEO Brian Niccol to fix quickly. He said the ...

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