Starbucks named a new chief financial officer on Tuesday as part of a larger turnaround strategy. Cathy Smith, who has been Nordstrom’s CFO since 2023, will join Starbucks in the next month, Starbucks Chairman and CEO Brian Niccol said in […]
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Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by mid-day Tuesday.
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Starbucks workers in three more major cities have joined a growing strike that is now in its third of five planned days of escalation ahead of Christmas. The strike expands to Boston, Massachusetts; Dallas, Texas; and Portland, Oregon, as of
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The workers union representing Starbucks baristas across the country announced members in Los Angeles, Chicago and Seattle will go on strike in the days leading up to Christmas. Workers United, which has unionized more than 525 U.S. Starbucks locations, said
