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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 announced that affected employees will be informed by mid-day Tuesday regarding the layoffs.
  • Starbucks' global same-store sales fell 2% in its 2024 fiscal year, which ended September 29.
  • The restructuring aims to improve efficiency and reduce complexity within the company's operations.
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livenowfox.com broke the news in on Monday, February 24, 2025.
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