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Starbucks chases Gen Z nostalgia, betting $1 billion on plan to bring back the ‘third place’ | Fortune
The Starbucks workers’ union is not happy with the plan, which also includes store closures and hundreds of layoffs.
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eu.usatoday.com
Starbucks closing hundreds of locations, cutting 900 jobs as turnaround continues
As part of CEO Brian Niccol's 'Back to Starbucks' strategy, the company will cut 900 non-retail jobs and close some underperforming coffee houses.
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upi.com
Starbucks to close hundreds of stores, lay off 900 corporate workers - UPI.com
Starbucks CEO Brian Niccol announced plans Thursday to close hundreds of stores and undergo a second round of layoffs this year in an effort to revive the coffeehouse chain.
