Starbucks fired Narasimhan last summer and recruited Niccol from Chipotle to help turn around the coffee giant’s business. Kevin Johnson, Starbucks’s CEO until 2021, earned $62 million for the ...
Starbucks’s recent relations with workers have often been uneasy. Three years ago baristas, frustrated with pay and working ...
The job cuts are reminiscent of a similar strategy undertaken in 2018 when Starbucks announced the layoff of 350 global corporate employees under former CEO Kevin Johnson's restructuring plan.
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 ...
Kevin Johnson, who was CEO before Narasimhan was brought on board in late 2022, received $62 million in 2021. Niccol’s package, however, dwarfs both. Starbucks’ hiring of Niccol generated ...