fromwww.businessinsider.com
14 hours agoStarbucks says its turnaround is gaining momentum and cuts 300 more jobs
Starbucks continues cutting corporate staff as CEO Brian Niccol pushes ahead with a sweeping turnaround effort that has already reshaped parts of the coffee giant's business. The company announced on Friday that it is eliminating about 300 US support roles and reviewing its international support organization, a move that could result in additional layoffs outside the US. Starbucks is also consolidating regional office space and reevaluating lease commitments to cut costs and streamline operations.