Starbucks announces mass layoffs of more than 1,000 workers as problems for chain mount up
Starbucks has announced huge cuts to its corporate workforce as part of its turnaround plans. The coffee chain's new CEO Brian Niccol announced on Monday that 1,100 employees would be laid off and hundreds of open positions would not be filled. Niccol said the mass layoffs are 'necessary' to remove duplicate jobs and increase focus. 'We believe it's a necessary change to position Starbucks for future success,' Niccol said in a statement.
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