Starbucks (SBUX) announced plans to close unprofitable locations and cut corporate jobs as CEO Brian Niccol focuses on the company's turnaround plan. In a letter posted to its blog and sent to employees on Thursday, Niccol shared that the company plans to eliminate 900 non-retail roles and close open positions as part of a $1 billion restructuring effort. The memo said employees will be notified on Friday, Sept. 26, and will offer "severance and support packages including benefits extensions." "We will c ...

Starbucks (SBUX) announced plans to close unprofitable locations and cut corporate jobs as CEO Brian Niccol focuses on the company's turnaround plan. In a letter posted to its news blog, and sent to employees on Thursday, Niccol shared that the company plans to eliminate 900 current non-retail roles and close open positions. The memo said employees will be notified on Friday, Sept. 26 and will offer "severance and support packages including benefits extensions." "We will continue to carefully manage cost ...

Starbucks will close 1% of its locations in the U.S. and North America and cut about 900 jobs as part of its Back to Starbucks transformation strategy, CEO Brian Niccol told employees Thursday, Sept. 25. The specialty coffee chain will close specific locations "where we’re unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance," Niccol said in a memo sent to employees and posted on the Starbucks blog. Employees at those location ...

In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be "unable to to create the physical environment our customers and partners expect, or where we don't see a path to financial performance."In addition to focusing on the customer experience, Niccol has enacted additional changes to operations including a return to four days in office, beginning next month. He's also brought on a new executive team including CFO Cathy Smith, Global Chief B ...

Shares in Italian luxury group Brunello Cucinelli are suspended from trading on the Milan market pending a statement from the company, Borsa Italiana said on Thursday. ...

【#星巴克重组成本将达10亿美元# 裁减约900个工作岗位】智通财经9月25日电，美国证券交易委员会 文件披露，星巴克公司批准涉及关闭咖啡店的重组计划。预计重组成本将达到10亿美元，星巴克将在重 组过程中裁减约900个工作岗位，并关闭部分门店。(智通财经) ...

In the meantime, we've got some news from Starbucks this morning. Let's get right over to Kate Rogers. She's got the latest on that.Hi, Kate. >> Hi, Becky. Starbucks just filing in 8K that says its board has approved a restructuring plan that will involve the closure of coffee houses and further transformation of the company's support organization as part of its back to Starbucks strategy under CEO Brian Nickel. The company expects that a majority of store closures are going to be completed by the end of th ...

Starbucks on Thursday announced it would close 1% of its North American stores in addition to sweeping layoffs. The closures amount to more than 120 shuttered locations where the company has found it is "unable to create the physical environment our customers and partners expect" or where it doesn't "see a path to financial performance," according to a statement published by the company.About 900 non-retail employees will be laid off on Friday, the company announced. "I believe these steps are necessary t ...

星巴克公司9月25日在致北美合作伙伴的信中表示，公司批准了一项重组计划，该计划涉及关闭部分咖 啡店，并进一步转型公司的支持组织架构。公告显示，该战略将取消约900个当前的非零售合作伙伴职 位，并关闭许多空缺职位。公司预计本财年末将完成大部分门店关闭工作。公司估算与门店关闭、支持 组织转型及其他重组活动相关的支出约为10亿美元，其中90%的费用归属于北美业务。 ...

格隆汇9月25日｜据市场消息，星巴克将在重组过程中裁减约900个工作岗位，并关闭部分门店。 ...