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Starbucks asks office workers to stay at home as it announces 1,100 job cuts

Corporate lay-offs are the first for coffee shop chain since 2018

New chief executive Brian Niccol was hired in September with a goal to turn round Starbucks as foot traffic and sales were spiralling lower © Bloomberg

New chief executive Brian Niccol was hired in September with a goal to turn round Starbucks as foot traffic and sales were spiralling lower © Bloomberg

Starbucks will cut 1,100 office jobs as new chief executive Brian Niccol attempts to revive the world’s biggest coffee shop chain.

The company said on Monday that staff in corporate roles will be required to work remotely this week as it informs employees who will be laid off.

The job reductions are the first for Starbucks corporate workers since 2018 when about 350 were eliminated. Starbucks is not cutting any jobs inside its cafés.

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Author: Gregory Meyer in New York

Source: Financial Times

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