Starbucks to lay off 300 U.S. employees, shutter some regional support offices
The cuts are part of a turnaround plan that will add about $400 million in charges and may lead to more layoffs abroad.
- On Friday, Starbucks announced it will cut 300 U.S. corporate jobs and shutter regional support offices as part of its ongoing turnaround strategy to streamline operations.
- CEO Brian Niccol has aggressively remade the company since September 2024, with this move marking the third round of corporate layoffs following major cuts in February and September 2025.
- Restructuring charges will total $400 million, comprising $120 million in cash severance costs and $280 million in noncash charges related to leased office space impairment.
- Despite the cuts, U.S. same-store sales grew 7.1% last quarter, and the company's stock rose more than 26% year to date before the latest announcement.
- Consolidating office operations and opening a new Nashville satellite office, the company mirrors a broader pullback across corporate America where retailers are trimming white-collar staff.
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119 Articles
Starbucks announced a new round of corporate layoffs in the country that will affect 300 employees and contemplate the closure of several regional offices as part of an internal reorganization process led by its executive director, Brian Niccol. The company claims that it seeks to simplify operations, reduce costs and accelerate its corporate transformation. The cuts will not impact cafeteria workers or baristas. The bill will focus on areas of …
Starbucks pours a bitter brew: Coffee giant to lay off 300 workers across US in $400 million restructuring
Starbucks is laying off approximately 300 US-based roles as it consolidates its office network and shutters several locations. This move is part of a broader strategy to achieve 'durable, profitable growth' by reducing complexity and costs. The company expects additional international job cuts ...
Starbucks is Set to Lay Off 300 Corporate Employees as Part of Its Turnaround Strategy
Key PointsStarbucks announced layoffs and some regional office closures.The company will take $400 million in restructuring expenses associated with the move.Starbucks' turnaround efforts are starting to pay off with comparable sales and margins moving higher in its most recent earnings report.10 stocks we like better than Starbucks › Starbucks (NASDAQ: SBUX) brought in former Chipotle CEO Brian Niccol to turn around the struggling coffee chain,…
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