Starbucks plans changes to company structure, layoffs [DailyFinance (AOL.com)]
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Source: DailyFinance
Sept 24 (Reuters) - Starbucks Corp is planning an organizational restructuring including leadership changes, according to a memo from its Chief Executive Officer Kevin Johnson. There will be some job losses, some role expansions, and redeployments, a company spokeswoman told Reuters. The changes come at a time when the world's largest coffee retailer is facing a raft of challenges, including a cooling U.S market and heavy competition from rivals, while undertaking a massive expansion project in China. RELATED: Take a look at some up-and-coming coffee chains predicted to be the next Starbucks: 10 PHOTOS 10 coffee chains predicted to be the next Starbucks See Gallery 10 coffee chains predicted to be the next Starbucks Joe Coffee Number of locations: 16 States: New York, Pennsylvania Photo credit: Facebook Colectivo Coffee Roasters Number of locations: 17 States: Washington, Illinois
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