Starbucks is laying off 1,100 corporate positions to create smaller, more agile teams as part of a larger strategy to address declining business performance. CEO Brian Niccol emphasizes the need for a simplified organizational structure to enhance accountability and reduce complexity. The layoffs affect corporate roles without impacting in-store employees. In addition, Starbucks is updating its remote work policy, requiring more senior roles to work on-site three days per week. These changes come as the company faces significant earnings and sales declines, highlighting the urgency of these measures.
Starbucks CEO Brian Niccol stated, 'We are simplifying our structure, removing layers and duplication and creating smaller, more nimble teams.'
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