Starbucks to cut 1,100 corporate jobs as part of global turnaround plan
The group will continue to hire for priority positions that fit its new support structure
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Starbucks CEO Brian Niccol has announced that the group is set to cut 1,100 jobs as part of its global turnaround plan, “Back to Starbucks”.
Niccol stated that the decision aims to streamline the company’s structure by eliminating redundancies and forming smaller, more agile teams.
He added: “Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration. All with the goal of being more focused and able to drive greater impact on our priorities.”
Individual partners whose jobs are being eliminated have been informed, and all other changes to partner roles, including responsibilities and reporting structures, will be shared directly with affected partners by the end of this week.
The group will continue to hire for priority positions that fit its new support structure.
Niccol said: “I recognise the news is difficult. It is not a decision the leadership team took lightly. We understand the real effect this has on partners’ lives and their families. We believe it’s a necessary change to position Starbucks for future success — and to ensure we deliver for our green apron partners and the customers they serve.
“We will also do everything we can to support those leaving. This includes providing a comprehensive severance package to support them. We will share more on the timeline for this week and how we are taking care of partners shortly.”
He concluded: “On behalf of the executive leadership team, thank you. We appreciate all you’ve done for our company, our partners and our customers, and we’ll do all we can to support you.”
