Starbucks to Cut 300 Jobs and Close Regional Offices
SOURCENews reportView the filing ↗
What we know
Location: United States.
Department affected: corporate.
Based on news reporting.
Summary
Starbucks Corporation has announced plans to cut 300 jobs as part of a restructuring effort that will also involve closing several regional offices. This decision is part of a broader strategy that is expected to incur $400 million in restructuring costs by 2026. The layoffs are aimed at streamlining operations and adapting to changing market conditions. The company has not specified the exact locations or departments affected by these job cuts. This move reflects Starbucks' ongoing efforts to optimize its workforce and improve efficiency in response to evolving business challenges.
Starbucks Corporation cut 300 jobs affecting its corporate team.
That is roughly 0.1% of the 383,000 people Starbucks Corporation employs.
LayoffTalk has tracked 42 layoff events at Starbucks Corporation since June 2023, including 2,538 jobs documented in official WARN filings, with 32 additional events known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by Starbucks Corporation.
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