Starbucks Has Many More Top Executives Than Rival Restaurants
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News that Starbucks Corp. is planning an executive shake-up and corporate layoffs may not have come as a surprise to anyone who’s seen its top-heavy org chart, comprising 53 names and headshots.
Bloomberg reported this week that the coffee giant is planning structural changes starting at the top levels in order to help it make decisions faster. The chain has dozens more executive-level managers listed than any of its 10 largest competitors, according to data compiled by Bloomberg from corporate websites and filings.