Starbucks slashes holiday bonuses 40% as coffee chain suffers worst year since pandemic: report
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Starbucks is reducing holiday bonuses for corporate workers by 40% due to a challenging financial year, marking its worst performance since the pandemic.
November 27, 2024 | 3:45 pm
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Starbucks is cutting holiday bonuses for corporate workers by 40% due to a difficult financial year, indicating financial strain.
The reduction in bonuses suggests financial difficulties, which could negatively impact investor sentiment and short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100