Starbucks to lay off 1,100 corporate employees, WSJ reports

Starbucks (SBUX) plans to lay off 1,100 corporate employees and will not fill several hundred open positions, The Wall Street Journal’s Heather Haddon reports. “We believe it’s a necessary change to position Starbucks for future success,” CEO Brian Niccol told employees in a memo. Niccol says the cuts will remove corporate layers and duplications and would help the coffee company become more focused. Starbucks had 16,000 corporate employees as of last September, Haddon notes. The layoffs are not expected to impact roasting, manufacturing, warehousing and distribution workers, as well as cafe workers.