AssetID: 54551412
Headline: UNCAPTIONED: Starbucks Cuts 1,100 Jobs and Streamlines Menu Amid Sales Slump
Caption: Starbucks Cuts 1,100 Jobs and Streamlines Menu Amid Sales Slump. Starbucks is cutting 1,100 corporate jobs and simplifying its U.S. menu in an effort to boost declining sales in its home market. The company plans to reduce its menu by nearly a third over the next year cutting items like the Royal English Breakfast Latte, White Hot Chocolate, and select blended frappuccinos. The goal is to reduce wait times, improve quality, and refocus on Starbucks’ coffeehouse roots. CEO Brian Niccol, brought in last year to turn the company around, emphasized the shift toward fewer, more popular drinks. The job cuts, focused on corporate roles, won’t impact store staff or investments. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Starbucks,coffee,chain,1100,corporate,jobs,cutting,boost,declining,sales,menu,cut,english breakfast latte,hot chocolate,roots,popular,drinks,no impact,store staff,investments
PersonInImage: