When it comes to coffee, the name of Starbucks Coffee comes on the tongue. Yes, this company runs a coffeehouse chain worldwide and has a joint venture with Tata Group in India. Now in this big company, the sword of trimming is hanging on the employees and a list has been prepared to show the way out to 1100 employees. Starbucks CEO has announced this Lay Off under the restructuring plan for the company.
Sorting amidst the decline in sales
According to the Reuters report, Starbucks CORP is going to cut 1100 employees in its workforce. Chairman and CEO Brian Nicole has announced this retrenchment amid the decline in sales after assuming his post in September 2024 last year. The report quoted the company as saying that this information was shared in a letter issued by the employees on Monday and till Tuesday afternoon, information will be given to the employees who are going to be victims of this retrenchment.
CEO had already given signs
Brian Nicole gave signs of this trimming in the beginning of 2025. He had said that in the beginning of March, Starbucks can take the step of Lay Off. Now along with the layoffs of 1100 employees, he has also said that hundreds of vacancies in the company will also be abolished. Let us know that around 16000 employees work with Starbucks worldwide. The company has more than 36,000 stores in 80 countries of the world.
No effect of pruning on these employees
According to the report, Starbucks CEO Brian Nicole has made it clear in his letter regarding the trimming that our intention is to work more efficiently, increase accountability, reduce complexity and promote better integration, in view of the workforce cuts in view Steps are being taken, but it will not affect the staff related to roasting and warehouse. Along with this, employees who are going to be victims of this trimming will continue to get salary and other benefits till May 225.
Joint Bencher with Tata in India
There is also a big business of Starbucks in India and in the country, the company runs a joint venture with Tata Group company Tata Consumer Products. Tata Starbucks started a coffeehouse chain business in India in October 2012 and is focusing on extending it continuously. Its 390 stores were present by 2024 last year and have set a target of opening 1000 stores by 2028.