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International Business Times UK
International Business Times UK
Shyna Mae Deang

Is the New Starbucks CEO Failing? He Just Axed 900 Workers While Splurging on 'Cozier Chairs'

Brownsville, Texas: The first 3d printed store in the US. (Credit: starbucks/Instagram)

Starbucks is eliminating around 900 corporate and support roles and closing underperforming stores as part of a sweeping $1 billion restructuring plan led by CEO Brian Niccol.

At the same time, the coffee giant will invest heavily in café renovations, a move critics say shows misplaced priorities as workers face job insecurity.

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