An article summarized by CNBC:
Starbucks announced another round of corporate layoffs on Friday as part of its ongoing turnaround strategy under CEO Brian Niccol. The company said it will cut 300 U.S. corporate jobs and review its international support workforce while also closing some regional support offices. Starbucks emphasized that the layoffs will not affect employees working inside its coffee shops.
The restructuring is expected to cost the company around $400 million, including expenses tied to severance packages and office-space reductions. This marks Starbucks’ third major round of corporate job cuts since Niccol became CEO. Previous reductions included 1,100 layoffs in early 2025 and another 900 nonretail positions later that year as part of a broader $1 billion restructuring effort aimed at simplifying operations and reducing costs.
Despite the cuts, Starbucks says its turnaround strategy is beginning to show results. The company has focused on improving store operations, expanding staffing, adding popular menu items, and bringing back in-store seating to attract customers. In its latest quarter, Starbucks reported U.S. same-store sales growth of 7.1%, driven by increased customer traffic, marking the second consecutive quarter of growth and signaling that the company’s recovery plan may be gaining momentum.
