Under Armour Inc. has confirmed reports that the company has laid off 50 corporate positions as part of cost-control efforts. Under Armour said in a media statement, “Under Armour made the difficult decision to eliminate approximately 50 corporate roles across several functions in the business. ...
Starbucks’ layoffs come as other big companies make similar moves. Southwest Airlines said last week it was eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history. And last month, tire maker Bridgestone Americas c...
Corporate layoffs pile up in Tulsa, but city outlook remains optimisticRead the full-text online article and more details about "Corporate Layoffs Pile Up in Tulsa, but City Outlook Remains Optimistic" by Bellamy, Clayton - THE JOURNAL RECORD, July 8, 2002Bellamy, Clayton...
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Baristas in the company’s stores are not included in the layoffs. Mr Niccol said in January that corporate lay-offs would be announced by early March. He said all work must be overseen by someone who can make decisions while the the Seattle coffee giant reduces the comp...
In 2018, Starbucks planned to lay off 350 global corporate employees as part of a restructuring plan under then CEO Kevin Johnson. Sanderson, however, noted it would be necessary to understand which segments or divisions in the corporation will be impacted by the layoffs and how t...
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Changes in markets, corporate structure, corporate priorities, skills required, and even strategic errors such as overhiring can all make layoffs necessary. These are all valid reasons for layoffs. A layoff should never be an “All of our peers are laying people off, let’s join the party”...
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Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company...