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Starbucks' CEO wants to get customers back to stores. He's also closing them.

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Manage episode 512440936 series 3303135
Content provided by Soundside and KUOW News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Soundside and KUOW News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The news hit like a gulp of bitter cold brew: Seattle-based Starbucks announced last month the company would be closing hundreds of stores and laying off another 900 corporate employees.

Tuesday, October 7th, it was reported that another 369 employees will be laid off here in Washington State in December due to store “closures.”

This follows a restructuring plan laid out by CEO Brian Niccol.

Here to walk us through the latest out of SBUX HQ is Heather Haddon. She covers restaurants for the Wall Street Journal, and has been following this story all year.

GUEST: Heather Haddon

RELATED LINKS:

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes

Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.

See omnystudio.com/listener for privacy information.

  continue reading

1353 episodes

Artwork
iconShare
 
Manage episode 512440936 series 3303135
Content provided by Soundside and KUOW News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Soundside and KUOW News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The news hit like a gulp of bitter cold brew: Seattle-based Starbucks announced last month the company would be closing hundreds of stores and laying off another 900 corporate employees.

Tuesday, October 7th, it was reported that another 369 employees will be laid off here in Washington State in December due to store “closures.”

This follows a restructuring plan laid out by CEO Brian Niccol.

Here to walk us through the latest out of SBUX HQ is Heather Haddon. She covers restaurants for the Wall Street Journal, and has been following this story all year.

GUEST: Heather Haddon

RELATED LINKS:

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes

Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.

See omnystudio.com/listener for privacy information.

  continue reading

1353 episodes

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