Starbucks Will Cut Corporate Jobs as Part of Turnaround (2)


Starbucks Will Cut Corporate Jobs as Part of Turnaround (2)

says it will eliminate some corporate positions, the latest chapter of Chief Executive Officer 's plan to rebuild the company.

The announcement will come in early March and "will not affect our in-store teams or the investments we're making in store hours," Niccol wrote in a to workers that was included in a regulatory filing. The company declined to say how many positions will be eliminated and in what areas.

Niccol, who joined in September from Chipotle Mexican Grill Inc., is working revitalize Starbucks after a series of sales declines. He's pledged to make locations ...

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