Starbucks Cuts 69 Jobs, Expansion Plans Ahead
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Starbucks, under new CEO Brian Niccol, is expanding with plans to open 650 new stores worldwide this year, despite recent closures and layoffs. The company closed five Seattle stores, affecting 69 workers, and is investing $1 billion in training and upgrades. Despite these cuts, Starbucks reported a 4% sales growth in the latest quarter, signaling a potential turnaround.
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