finance starbucks - Search News

Starbucks to Lay Off 1,000+ Corporate Workers

YAHOO!Finance · 5h

Starbucks unveils plan for 1,100 corporate layoffs

The coffee chain is simplifying its structure, removing layers and duplication and creating smaller, more nimble teams.

Struggling Starbucks announces plans to layoff workers

In a Monday message to employees, Starbucks CEO Brian Niccol announced the Seattle-based coffee giant is planning to lay off 1,100 employees as the company continues to face headwinds amid declining sales, competition and a loss of brand caché.

The Washington Post on MSN · 1d

Starbucks plans to cut more than 1,100 corporate jobs

The job cuts are part of CEO Brian Niccol’s plans to streamline operations and create a more nimble workforce.

China, Starbucks and KKR

Hosted on MSN · 36m

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 · 3h

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’

Seeking Alpha on MSN · 3h

Starbucks eyes selling a stake in its China business

Starbucks (NASDAQ:SBUX) is reportedly exploring options to sell a stake in its China business, with several buyout firms and Chinese companies showing interest. Sources told Reuters that KKR & Co (KKR),

1d

Starbucks to lay off 1,100 employees this week as CEO aims to deliver on turnaround

Starbucks announced it will eliminate about 7% of corporate jobs as CEO Brian Niccol focuses on the company's turnaround plan ...

13h

Starbucks to Lay Off More Than 1,000 Workers

The company will also not fill hundreds of open positions. The cuts are part of new CEO Brian Niccol’s effort to streamline ...

1d

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 ...

4don MSN

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

Starbucks new CEO Brian Niccol says "I think we got confused that mobile ordering could solve the entire business".

22hon MSN

Starbucks axes 1,100 jobs in bid for US turnaround

Starbucks is cutting 1,100 jobs and simplifying its menu in the US as it tries to improve flagging business in its home ...

20hon MSN

Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them

Starbucks has big plans to overhaul its menu this March by replacing 10 existing drinks with brand-new concoctions. This ...

13hon MSN

Malaysia Starbucks franchise holder triples loss on boycotts

Berjaya Food reported its fifth straight quarterly loss as Malaysian customers boycotted U.S. brands over America’s support ...

19h

Starbucks, Super Micro Computer, Alibaba: Market Minute

Yahoo Finance's Julie Hyman takes a closer look at Monday's trending stocks in today's Market Minute. Starbucks (SBUX) ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results