Starbucks has announced the elimination of 1,100 corporate and administrative positions as part of a restructuring effort ...

Starbucks announces elimination of jobs as new CEO Brian Niccol addresses four consecutive quarters of declining sales.

In a letter to employees released Monday, Chairman and CEO Brian Niccol said the company will inform employees who are being laid off by mid-day Tuesday.

Starbucks CEO Brian Niccol signaled layoffs could be coming as the company attempts to improve its financial performance.

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

"As part of our plan to get back to Starbucks, we're simplifying our menu to focus on fewer, more popular items, executed ...

Shares of Starbucks Corp (SBUX) rose more than 1.30% on Monday after the company reportedly announced it will lay off 1,100 ...

CEO Brian Niccol said Starbucks will be laying off over 1100 corporate workers as it tries to turn around its business. The company will also be eliminating “several hundred” open and unfilled ...

More foods and beverages are expected to be removed from the Starbucks menu in the coming months, Monday’s announcement added ...

Starbucks, under the leadership of new Chairman and CEO Brian Niccol, has announced plans to lay off 1,100 corporate employees globally as part of a strategic effort to streamline operations and ...

Starbucks said it will cut 30% of its menu items by Sept. 2025, removing less popular drinks and adding new seasonal items.