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Starbucks to lay off 1,100 corporate employees

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.

Hosted on MSN · 29m

Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's driving the changes.

AOL · 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.

China, Starbucks and KKR

Hosted on MSN · 32m

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 · 2h

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),

19hon MSN

Starbucks is laying off more than 1,000 workers

Starbucks is laying off 1,100 corporate employees as part of an effort to streamline operations and focus on its core ...

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".

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 ...

17hon MSN

Starbucks Unleashes Mass Layoffs

Starbucks has around 16,000 corporate employees, meaning the layoffs would affect just under 7 percent of its corporate workforce. Starbucks employs roughly 361,000 people globally, with about 211,000 ...

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 ...

Hosted on MSN7h

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 ...

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) ...

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