Starbucks to lay off 300 US corporate workers and close regional offices
Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround. No coffeehouse employees are affected. The cuts will impact employees in support functions like marketing, human resources, and supply chain management. Starbucks said no international employees are affected for now, but it’s reviewing its corporate structure outside the U.S. Starbucks said it’s also closing underused offices in Atlanta, Dallas, Chicago, and other cities. Starbucks expects the moves to result in $400 million in restructuring charges, including $120 million in employee separation benefits.
The layoffs are part of Starbucks’ efforts to restructure its corporate operations in the U.S. and improve overall efficiency.
Context: Starbucks is implementing layoffs and office closures as part of its effort to drive a turnaround in its operations. Fact Check: The information provided about the layoffs and office closures matches the official statement released by Starbucks.
