Article 70A28 Starbucks to cut 900 jobs and close dozens of North American stores as sales struggle

Starbucks to cut 900 jobs and close dozens of North American stores as sales struggle

by
Michael Sainato
from US news | The Guardian on (#70A28)

Restructuring comes after six quarters of falling sales and growing pressure from unions over working conditions

Starbucks will lay off around 900 staff and pull down the shutters on some 100 cafes across North America as part of a $1bn restructuring plan to revive the world's largest coffee chain.

The business, which eliminated 1,100 corporate positions earlier this year, will also close many" open or vacant positions as it notifies affected employees affected by cuts on Friday.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments