Starbucks announced layoffs as part of a corporate restructuring effort aimed at improving accountability and reducing operational complexity. In a letter to employees, CEO Brian Niccol explained that the company would streamline its corporate roles to speed up decision-making, highlighting the challenges posed by its size and multiple management layers. The layoffs will specifically affect corporate support staff and will not impact store employees like baristas. Niccol acknowledges the uncertainty this creates but emphasizes the need for transparency in communicating these changes, with further details expected by early March.
I do not take these decisions lightly, and I appreciate that this will create uncertainty and concern between now and then. I wanted to be transparent about our progress and our plans and ensure that you hear about this work directly from me.
Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work.
Collection
[
|
...
]