Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain, which has been struggling with falling sales.

Starbucks is cutting nine Frappuccinos and four other popular drinks as part of a 30% menu reduction by September, promising faster service.

Starbucks' focus on restoring its coffeehouse vibe under CEO Brian Niccol's leadership could lead to a turnaround and a 25% investment return. See more here.

Starbucks announces elimination of jobs as new CEO Brian Niccol addresses four consecutive quarters of declining sales.

The job cuts are part of CEO Brian Niccol’s plans to streamline operations and create a more nimble workforce.

Starbucks lays off 1,100 corporate workers as superstar CEO Brian Niccol continues his plan to reheat interest in the coffee giant.

Chipotle Mexican Grill is seeking to hire more workers ahead of “Burrito Season" – and it is embracing artificial intelligence (AI) tools to help during the process.

Even the newer markets have struggled, with total China comp-store sales declining 6%. Total revenue for the quarter was down 0.3% to just under $9.4 billion. All of this while net income was driven down nearly 24% year over year to $780.8 million, with earnings per diluted share dropping a comparable 23.3% to $0.69 per share.

Starbucks will cut 1,100 office jobs as new chief executive Brian Niccol attempts to revive the world’s biggest coffee shop chain. The company said on Monday that staff in corporate roles will be required to work remotely this week as it informs employees who will be laid off.

Chipotle Mexican Grill CMG.N will hire 20,000 additional employees for the period of March to May as the company gears up to cater to a surge in demand for its so-called "burrito season" during spring. Demand for Chipotle's premium burritos and ...

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain that has been struggling with falling sales. “We are simplifying our structure, removing layers and duplication and creating smaller, more nimble teams,” Niccol said in a letter to employees.

Chipotle Mexican Grill announced the debut of a new short film, “Unfolded,” which showcases sustainable agriculture comparable to Chipotle’s Food With Integrity principles. Earlier today, Chipotle premiered the film as a national TV ad on Roblox to showcase the importance of the farming community that grows real ingredients like those served in Chipotle’s restaurants.