Starbucks to lay off 1,100 corporate workers in CEO's restructuring plan
1. Starbucks will cut 1,100 corporate jobs, marking its largest layoff ever. This aims to streamline operations. 2. CEO Niccol emphasizes efficiency, accountability, and integration through restructuring. He also plans ordering algorithm changes. 3. Layoffs focus solely on corporate roles, leaving store, warehouse, and roasting employees unaffected. This distinguishes the cost-cutting strategy. 4. Union growth continues with over 500 US stores unionized amid contract disputes. Labor-related challenges persist despite corporate cuts.