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  5. Starbucks to cut 1,100 corporate roles as part of turnaround efforts

Starbucks to cut 1,100 corporate roles as part of turnaround efforts

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Starbucks has announced plans to cut 1,100 corporate jobs. The company is also simplifying its menu in the US, starting with the removal of items such as the Royal English Breakfast Latte, White Hot Chocolate, and blended frappuccinos. The goal is to reduce the menu by nearly a third over the next year.

  1. US
    Starbucks
    1. This will make way for innovation, help reduce wait times, improve quality and consistency, and align with our core identity as a coffee company.
    2. We're simplifying our menu to focus on fewer, more popular items, executed with excellence.
  2. US
    Brian Niccol
    Starbucks
    1. Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration.

sources

  1. 1.CNA News
  2. 2.BBC
  3. 3.CTV News

perspectives

  1. 1.US Economy
  2. 2.Inflation
  3. 3.Jobs Cut
  4. 4.Food industry
  5. 5.Retail

countries

  1. 1.IsraelIL
  2. 2.MexicoMX

organizations

  1. 1.StarbucksUS
  2. 2.Twitch
  3. 3.Chipotle

persons

  1. 1.Brian NiccolUS

technicals

  1. 1.Royal English Breakfast Latte