Starbucks to lay off 300 U.S. employees, shutter some regional support offices

Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of its ongoing turnaround. The company said it will cut 300 U.S. jobs, adding it has started a review of its international corporate workforce. The layoffs do not affect its coffeehouse employees. The combined severance costs and reassessment of its office space will result in restructuring charges of $400 million, the coffee chain said. Starbucks expects to record $280 million in noncash charges related to the impairment of long-lived assets and $120 million in cash charges tied to the job cuts. "We are taking further action under the Back to Starbucks strategy, building on our strong business momentum and working to return the company to durable, profitable growth," a Starbucks spokesperson said in a statement to CNBC. "Leaders have taken a hard look at their respective functions to further sharpen focus, prioritize work, reduce complexity, and lower costs." Friday's announcement marks Starbucks' third round of layoffs since CEO Brian Niccol took the helm. In February 2025, Niccol said that the company would cut 1,100 jobs and not fill several hundred other open positions. Seven months later, the company announced another 900 job losses for its nonretail workers as part of a $1 billion restructuring plan . …