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Starbucks to eliminate 1,100 corporate roles

  • Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
  • Niccol stated that the company will inform affected employees by mid-day Tuesday and is also cutting several hundred unfilled positions.
  • Starbucks' global same-store sales decreased by 2% in its 2024 fiscal year, indicating challenges in the market.
  • Niccol aims to improve efficiency and accountability within the company to manage its operations better.
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livenowfox.com broke the news in on Monday, February 24, 2025.
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