UK markets open in 3 hours 24 minutes
  • NIKKEI 225

    27,085.97
    +93.76 (+0.35%)
     
  • HANG SENG

    17,977.26
    +897.75 (+5.26%)
     
  • CRUDE OIL

    86.09
    -0.43 (-0.50%)
     
  • GOLD FUTURES

    1,728.30
    -2.20 (-0.13%)
     
  • DOW

    30,316.32
    +825.43 (+2.80%)
     
  • BTC-GBP

    17,692.97
    +484.50 (+2.82%)
     
  • CMC Crypto 200

    458.77
    +13.34 (+2.99%)
     
  • ^IXIC

    11,176.41
    +360.97 (+3.34%)
     
  • ^FTAS

    3,873.21
    +99.41 (+2.63%)
     

Starbucks COO reportedly steps down amid company 'reorganization'

Starbucks COO John Culver has reportedly been terminated by the company and will be taking on an interim executive advisor role.

Video transcript

- Starbucks chief operating officer, John Culver, is departing the company. According to CNBC, Culver's COO role is being eliminated as part of broader restructuring there at Starbucks. That's effective October 3. Culver will reportedly become an executive advisor until he leaves the company at the end of the year. Already rather tumultuous, of course.

Their CEO is another interim basis trying to take on that unionization effort going on across the country. Coming up--