
Report: Panera Brands Cuts Corporate Staff Ahead of Planned IPO
Panera Brands is reportedly making significant changes to its corporate structure as it prepares for an initial public offering (IPO). The St. Louis-based operator of popular restaurant chains Panera Bread, Caribou Coffee and Einstein Bros. Bagels will be laying off approximately 17% of its 1,800 corporate staff, focusing on support-staff roles, the Wall Street Journal (WSJ) reported Wednesday (Nov. 1), citing an internal […]
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