From CNBC: 2025-02-24 09:35:45

Starbucks announced Q2 earnings, planning to lay off 1,100 corporate employees and leave hundreds of positions unfilled. CEO Brian Niccol aims to simplify structure, increase efficiency, and drive better integration. The move comes as Starbucks strives to boost same-store sales after declines in the U.S. and China. Non-cafe workers will be affected.



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