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Starbucks will cut jobs

MarketWatch · 2h

Starbucks’s turnaround plan under new CEO now likely includes job cuts

Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.

The Associated Press on MSN · 15h

Starbucks plans corporate layoffs as part of turnaround

Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.

Starbucks will cut jobs as part of turnaround effort

State-owned investment fund SEPI has proposed to replace Telefonica's Chief Executive Jose Maria Alvarez-Pallete, who has led the company since 2016, a source with knowledge of the matter told Reuters on Saturday.

Starbucks, Mellody Hobson

Bloomberg on MSN · 1d

Starbucks’ Mellody Hobson to Leave Board After 20-Year Tenure

Starbucks Corp. director Mellody Hobson said she won’t seek reelection to the board, capping a two-decade tenure that included recruiting a new chief executive officer last year to turn the company around.

Tribune News Service on MSN · 18h

Mellody Hobson to step down as lead independent director at Starbucks

Chicago business owner Mellody Hobson will step down from her position as lead independent director of Starbucks’ board of directors, the coffee giant said in a statement on its website. Hobson serves as co-CEO and president of Ariel Investments in Chicago.

Afrotech on MSN · 15h

Mellody Hobson Ends 20-Year Board Tenure At Starbucks And Vows To Remain A ‘Steadfast Investor’

Mellody Hobson is exiting her board role at Starbucks. Hobson is well regarded for her efforts at Ariel Investments, a global value-based asset management firm, where she is responsible for management,

1d

With Starbucks’ New Code Of Conduct, Is Their DEI Program In Jeopardy?

Starbucks updated thier Coffeehouse Code of Conduct across North American locations. The biggest change? No more Open Door ...

1d

Starbucks proves it was never really a ‘third place’

Starbucks surprised many with its new code of conduct for customers. Turns out it was a luxury brand all along.

13hon MSN

Neighbors saddened by planned closure of downtown San Francisco Starbucks location

Almost five years after the start of the pandemic, there are still a lot of empty storefronts to be found in downtown San ...

1d

Starbucks China Chair to Retire Amid Weak Demand, Competition

Starbucks Corp.’s China chair Belinda Wong will retire Jan. 24, leaving the task of reviving the American coffee chain’s ...

16h

Carlsbad-based Bitchin’ Sauce recently landed a dream account: Starbucks. Here’s how they did it.

Starbucks ordered the dip after Starr Edwards, the CEO and co-founder of Bitchin’ Sauce, and her team pitched executives in ...

2d

Starbucks reverses its open-door policy, requiring people to make a purchase if they want to stay

Starbucks is reversing its open-door policy after almost seven years, now requiring that people make a purchase if they want ...

Restaurant Business14h

Starbucks to cut some support staff

The coffee shop giant’s CEO said that the company’s “size and structure can slow us down” and there will be job eliminations ...

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