Starbucks Corporation (SBUX.US) announced that it will cut 1,100 jobs and eliminate hundreds of vacant but unfilled positions.
Coffee giant Starbucks announced on Monday that it will cut 1,100 existing support positions and also eliminate hundreds of empty but unfilled positions.
Coffee chain giant Starbucks Corporation (SBUX.US) announced on Monday that it will cut 1,100 existing support positions and also eliminate hundreds of vacant but unfilled positions.
Starbucks Corporation CEO Brian Niccol mentioned in a letter to employees in January of this year that the company will face difficult decisions and choices as it undergoes strategic adjustments, including the elimination of some positions and streamlining of future support teams.
Affected employees are expected to receive formal notifications by noon tomorrow. Niccol stated in an internal communication to the global support team, "We will further announce the schedule within this week and explain how to properly place the affected employees." This adjustment mainly involves the support team of non-retail positions, not frontline employees in stores.
Furthermore, the company plans to announce other adjustment plans to relevant employees by the end of this week, including changes in job responsibilities and reporting structure. It is worth noting that this layoff decision will not impact the operation of store teams, and Starbucks Corporation will continue to invest in store operating hours to ensure the customer experience is not affected.
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