Starbucks said it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.

Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions.

Starbucks (SBUX.O), opens new tab CEO Brian Niccol said on Friday the coffee giant will cut jobs as part of its turnaround efforts. The details of the job cuts, to be announced by early March, will not affect the company's in-store teams or the investments it makes in store hours,

Starbucks saidit plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.

Starbucks CEO Brian Niccol announced plans to reduce jobs within support teams to enhance efficiency as part of the companys turnaround strategy. The changes, expected to be revealed by early March, will not

Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company's ongoing turnaround efforts. The details of the job cuts, to be announced by early March,