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35°
Tuesday, mar 4
Tag:
Brian Niccol
Business
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up
Starbucks is cutting 1,100 corporate jobs as part of a sweeping restructuring plan designed to simplify operations and refocus on its core business. Starbucks CEO Brian Niccol announced the layoffs in a message to employees on Monday, Feb. 24. The job cuts will affect non-retail support employees, as the coffeehouse chain works to streamline leadership and eliminate duplicate roles. Several hundred open but unfilled positions will also be removed. In-store workers and store hours won't be affected Niccol said the decision is part of the company's broader "Back to Starbucks" plan,…
Business
Brewing Tensions: Starbucks Strike Expands To 9 States
A Starbucks workers' strike, which began in select stores, has expanded to nine states as employees push for better wages and working conditions during the holiday rush. The strike, led by Starbucks Workers United, demands higher pay and improved staffing to address what employees describe as chronic understaffing during peak hours. Workers at dozens of stores in New York, New Jersey, and Pennsylvania joined the strike over the weekend. Starbucks has a total of about 16,000 stores in the US and around 35,000 worldwide. Over the weekend, picket lines formed at high-traffic stores in N…
Business
Chipotle Increasing Prices In Order To Raise Employees' Wages
Chipotle Mexican Grill is increasing menu prices to cover the costs of raising its workers’ wages, the company announced. Consumers will see price increases of approximately 4 percent at the popular Mexican food chain, with that money being used to increase employees’ paychecks following the company’s announcement that hourly wages for workers would reach an average of $15 by the end of the month. The price hike is likely not to be felt too badly by consumers, with company officials saying that it will amount to quarters and dimes while dramatically boosting their ability to pay employees. …