Struggling Starbucks announces plans to layoff workers
In a Monday message to employees, Starbucks CEO Brian Niccol announced the Seattle-based coffee giant is planning to lay off 1,100 employees as the company continues to face headwinds amid declining sales, competition and a loss of brand caché.
Starbucks announces elimination of jobs as new CEO Brian Niccol addresses four consecutive quarters of declining sales.
15hon MSN
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