Originally published at: https://www.hannity.com/media-room/coffee-crisis-starbucks-to-fire-5-of-global-corporate-workforce/
Starbucks Corporation announced Tuesday its plan to lay-off 5% of their corporate workforce across the globe as the giant coffee purveyor hopes to become “more nimble” and react to changing customer demands more quickly.
According to the Wall Street Journal, the Seattle-based food chain is struggling to adapt in a highly-competitive market as new brands and smaller companies gain larger shares of once-loyal customers.
“The company on Tuesday said it will lay off 350 employees. That number doesn’t include any employees who work in its cafes. In a memo sent to employees on Tuesday, Chief Executive Kevin Johnson said the areas impacted include marketing, creative, product, technology and store development. Employees were being informed of the job cuts on Tuesday,” writes the WSJ.
“The job impacts announced today are the most significant in this transformation,” added the statement.
The company was thrust into the national spotlight months ago when they announced an “open-bathroom” policy; sparking outrage from customers who complained of filthy conditions and said the new guidelines effectively turned their local coffee shops into homeless shelters.
Read the full report here.