YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Starbucks plans layoffs, 'significant changes' to company structure

Posted online

In a letter to employees, Starbucks CEO Kevin Johnson said the company is planning "significant changes" to its organizational structure.

“We must increase the velocity of innovation that is relevant to our customers, inspires our partners, and is meaningful to our business,” Johnson said. “To accomplish this, we are going to make some significant changes to how we work as leaders in all areas of the company.”

The reorganization could include corporate layoffs.

Read more from USA Today.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Moseley’s Discount Office Products

Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.

Most Read
Update cookies preferences