Starbucks mentioned Friday it plans an unspecified variety of layoffs because it restructures its company employees.
In a letter to workers, Starbucks Chairman and CEO Brian Niccol mentioned the Seattle espresso big wants to make sure all work has a transparent and accountable proprietor who could make selections. The corporate additionally wants to scale back complexity and silos.
“Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work,” Niccol wrote.
The layoffs gained’t influence baristas in Starbucks’ shops. Niccol mentioned selections will probably be communicated by early March.
“I do not take these decisions lightly, and I appreciate that this will create uncertainty and concern between now and then,” Niccol wrote. “I wanted to be transparent about our progress and our plans and ensure that you hear about this work directly from me.”
Starbucks has roughly 16,000 company workers worldwide, together with 10,000 within the US and 6,000 in different nations. The corporate employs a complete of 361,000 folks worldwide, in response to its annual report filed in September.
Starbucks noticed disappointing gross sales over the past yr as US prospects pulled again on their spending and prospects in China flocked to lower-priced rivals.
In September, the corporate introduced in Niccol, an skilled marketer who beforehand led Taco Bell and Chipotle, to assist it flip issues round.
