Starbucks is laying off over 1,000 workers and axing over a dozen menu items—including frappuccinos that baristas are sick and tired of making
"We have to clear the noise out both in food and beverage menus," Starbucks CEO Brian Niccol told Fortune.
KKR and Rivals Compete for a Stake in Starbucks China
KKR & Co (KKR) and its Asian rivals, such as FountainVest Partners and PAG, are reportedly competing to acquire a stake in Starbucks’ ...
Starbucks eyes selling a stake in its China business
Starbucks ( SBUX) faces stiff competition in China from local brands like Luckin Coffee ( OTCPK:LKNCY ), which has gained ...
KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say
KKR & Co, Fountainvest Partners, and PAG are among those interested in acquiring a stake in Starbucks' China business, as the ...
Bill McEwen1d
Starbucks Lays Off 1,100 Corporate Employees as Chain Streamlines
Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
NEW YORK (AP) — Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four ...
Starbucks Layoffs Target 1,100 Corporate Employees
CEO Brian Niccol continued his turnaround plan for the struggling coffee chain by revealing large corporate layoffs. An email ...
S&P 500 closes lower Monday as market's comeback attempt fizzles: Live updates
The moves follow the stock market's fall last week. The Dow and Nasdaq finished the week more than 2% lower, while the S&P ...
Starbucks laying off more than 1,000 corporate employees
The move comes as dozens of other private companies have announced layoffs so far in 2025, in addition to thousands of ...