Reported about 15 hours ago
Starbucks has decreased its US retail staff by 8% over the last fiscal year, reducing its total workforce to 211,000, despite opening over 500 new stores. This marks the second consecutive year of declining employee numbers. The company is currently under scrutiny due to a sales slump and the recent leadership change, as it attempts to address staffing concerns that have plagued workers, including backlogs due to low staffing. Starbucks is also navigating pressures from activist investors while increasing average employee hours.
Source: YAHOO