Close Menu
StoryMoo – Global News & Trending Stories Hub

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    New York Fed: Remote jobs linked to wider unemployment gap for young workers

    June 10, 2026

    India Women vs England Women – Scorecard & Stats – ICC Women’s T20 World Cup Warm-Up Matches

    June 10, 2026

    ‘RHOA’ Drew Sidora Asks For $400K From Ex Ralph, Calls Him Clout Chaser

    June 10, 2026
    Facebook X (Twitter) Instagram
    Trending
    • New York Fed: Remote jobs linked to wider unemployment gap for young workers
    • India Women vs England Women – Scorecard & Stats – ICC Women’s T20 World Cup Warm-Up Matches
    • ‘RHOA’ Drew Sidora Asks For $400K From Ex Ralph, Calls Him Clout Chaser
    • A moment that changed me: I climbed a tower aged nine, alone – and discovered how I wanted to live | Travel
    • LegalZoom Promo Code: Exclusive 10% Off LLC Formations
    • Prediction platform Kalshi to collect job details to combat insider trading | Technology News
    • BP leadership exits reignite questions over board structure, oversight
    • New York Fed: Remote jobs linked to wider unemployment gap for young workers
    Facebook X (Twitter) Instagram
    StoryMoo – Global News & Trending Stories Hub
    Subscribe
    Wednesday, June 10
    • Home
    • World News
    • Business
    • Health
    • Sports
    • Celebrities
    • Lifestyle
    • Travel & Tourism
    • Job post
    • Technology
    StoryMoo – Global News & Trending Stories Hub
    Home»Business»Starbucks to lay off 300 U.S. employees, close some regional offices
    Business

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

    adminBy adminMay 15, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Starbucks to lay off 300 U.S. employees, close some regional offices
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. 

    Toby Scott | Lightrocket | Getty Images

    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.

    Starbucks had 19,000 U.S. nonretail workers and 5,000 international employees working in regional support operations roles as of Sept. 28, 2025, according to a regulatory filing.

    During Niccol’s tenure, the company has embarked on an expensive — and fruitful — turnaround of its U.S. business. The coffee giant’s sales slumped as increased competition and more budget-conscious consumers weighed on demand for its drinks. Under Niccol, Starbucks has improved cafe operations, added buzzy new menu items, reintroduced seating to its locations and beefed up staffing at its coffeehouses.

    For its latest quarter, the company reported that U.S. same-store sales grew 7.1%, fueled by a 4.3% increase in transactions. It was the second straight quarter of traffic growth for Starbucks’ U.S. cafes, signaling that the company’s comeback plan was working.

    “This quarter marked a milestone for Starbucks – and the turn in our turnaround,” Niccol said in a video posted alongside the company’s fiscal second-quarter results in April.

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
    close employees lay offices regional Starbucks U.S
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    BP leadership exits reignite questions over board structure, oversight

    June 10, 2026

    Kalshi perpetual futures trading ‘perps’ crosses $1 billion in volume within a week of launch

    June 9, 2026

    China’s May exports, imports top forecast as AI boom offset Iran war drag

    June 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    OPM cuts degree requirements for government tech jobs in new standards

    May 3, 20269 Views

    Weight loss drugs pose risk to pharma, report finds

    May 4, 20265 Views

    Chris Brown’s Ex-Housekeeper Fighting To Show Horrific Dog Attack Photos in Court

    May 1, 20264 Views

    Google Home’s Gemini AI can handle more complicated requests

    May 5, 20263 Views
    Don't Miss
    Job post

    New York Fed: Remote jobs linked to wider unemployment gap for young workers

    By adminJune 10, 20260

    The New York Fed analysis challenges the popular narrative that artificial intelligence is the primary…

    India Women vs England Women – Scorecard & Stats – ICC Women’s T20 World Cup Warm-Up Matches

    June 10, 2026

    ‘RHOA’ Drew Sidora Asks For $400K From Ex Ralph, Calls Him Clout Chaser

    June 10, 2026

    A moment that changed me: I climbed a tower aged nine, alone – and discovered how I wanted to live | Travel

    June 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    Welcome to StoryMoo, your daily destination for the latest news, trending stories, and global updates from around the world.

    At StoryMoo, we bring together everything that matters in one place — from breaking world news and business insights to health updates, sports highlights, celebrity stories, lifestyle trends, travel inspiration, job updates, and the latest in technology.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    New York Fed: Remote jobs linked to wider unemployment gap for young workers

    June 10, 2026

    India Women vs England Women – Scorecard & Stats – ICC Women’s T20 World Cup Warm-Up Matches

    June 10, 2026

    ‘RHOA’ Drew Sidora Asks For $400K From Ex Ralph, Calls Him Clout Chaser

    June 10, 2026
    Most Popular

    Commercial flights from Tehran’s main airport resume amid cautious normalcy | US-Israel war on Iran News

    May 1, 20260 Views

    Ukraine begins to flex muscle as an emerging air power, angering Russia | Russia-Ukraine war News

    May 1, 20260 Views

    Trump scraps Scotch whisky tariffs ‘in honor’ of King Charles

    May 1, 20260 Views
    Facebook X (Twitter) Instagram Pinterest
    • Terms & Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 StoryMoo. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.