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Baristas represented by Workers United walked out for the day at more than 100 locations to protest alleged union busting.
CEO Andy Jassy said the second phase of the company's annual planning process completed this month and led to the additional job cuts.
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday.
SVB Financial Group is no longer affiliated with Silicon Valley Bank after its seizure by the Federal Deposit Insurance Corp.
WHAT'S HAPPENING
WHAT'S HAPPENING
Stocks are tumbling on Wall Street as worries about the strength of banks worsen on both sides of the Atlantic Ocean.
After 14 years and billions of dollars in cost overruns, the first of only two reactors under construction in the U.S. began the long-awaited process of starting up.
The Department of Homeland Security turned away Canadian workers en route to a striking castle in California, an employee and the union told HuffPost.
This marks the third REI outpost to unionize over the past year.
The chain's famous CEO also faces a possible subpoena before the U.S. Senate to address union-busting allegations.
The new far-right government is attempting a legal overhaul many see as a death knell for Israeli democracy. Will it matter for Israel’s global-minded tech industry?
