Starbucks laid off 300+ employees

Nordstrom ThunderGod
Nov 13, 2018 12 Comments

Heard that, Starbucks laid off 300+ employees. What's the impact? Which business or Org got affected more? Any inside news?

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TOP 12 Comments
  • Apple Wapple
    So that’s why my PSL took so long this morning.
    Nov 13, 2018 1
  • Starbucks / Mktg
    JayCee

    Starbucks Mktg

    PRE
    Amazon, Microsoft, PwC, Accenture
    JayCeemore
    They could have cleaned up more. Having been at the company for less than two years it’s amazing how the company got any work done with all the baggage. Some cronies still managed to escape this round of layoffs but overall they did a good job of firing people who were not adding any value.
    Nov 16, 2018 0
  • Starbucks / Product koifish
    Actually it has nothing to do with the Nestle partnership. Was across the board cuts across many departments ranging from directors to Admins. Tech was on the heavier side in non prioritized areas
    Nov 14, 2018 0
  • Groupon / Data Groupie
    Know someone that was impacted. He was on the Merchandising / Product sourcing side. Not sure what other units were impacted.
    Nov 13, 2018 3
    • Nordstrom ThunderGod
      OP
      Sorry to hear that. Any exit package? Or renumeration?
      Nov 13, 2018
    • Groupon / Data Groupie
      Didn’t ask him yet. One would hope given the timing of the year.
      Nov 14, 2018
    • Nordstrom ssadab
      Yep.. severance package is minimum I think.
      Nov 14, 2018
  • Nordstrom ThunderGod
    OP
    That looks like, it's a cleanup..
    Nov 14, 2018 1
    • Starbucks / Product koifish
      Yep. New FY cleanup that was probably past due
      Nov 14, 2018
  • Microsoft Cogito$
    Starbucks sold some product lines to nestle, this is the fallout from that transaction
    Nov 13, 2018 1
    • Nordstrom ThunderGod
      OP
      That's always a lame excuse for all the companies. But, always a strategic step for the company whoever bought this product line. Hopefully, employees affected due to this got proper exit package.
      Nov 13, 2018

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