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Starbucks to Invest $100 Million to Set up Southeast Corporate Office in Nashville
The coffee chain said some teams will move from Seattle as it expands in the Southeast and keeps its global headquarters in Washington.
- On Tuesday, Starbucks announced a $100 million investment to establish a corporate office in Nashville, Tennessee, planning to add up to 2,000 support jobs over the next five years.
- Starbucks CEO Brian Niccol characterized the expansion as part of the 'Back to Starbucks' turnaround plan, aiming to increase proximity to regional suppliers and access a growing talent pool.
- The Nashville office will complement Starbucks' global headquarters in Seattle, with staffing including new roles, contract-worker transitions to full-time positions, and relocated teams from Seattle.
- Tennessee Governor Bill Lee touted the investment as a major economic victory, with the state providing tax breaks and one year of rent-free space at the Peabody Union complex.
- Moving functions to Tennessee allows Starbucks to avoid a recently enacted 6.5% state tax on IT services in Washington, though the company maintains it has no plans to leave its Seattle headquarters.
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Starbucks announces it will move or hire 2,000 workers in Nashville office expansion
Six weeks after Starbucks announced it was establishing a corporate office in Nashville, the coffee giant said it plans to move or hire 2,000 workers to the new Nashville office over the next five years. According to the company, the 2,000 employees would be more than half of Starbucks’ employees in the Seattle area. Despite the seismic move, Starbucks maintains that Seattle will remain its North American and global headquarters. “The Nashville …
·Tacoma, United States
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Starbucks announces new Nashville headquarters, will add or relocate 2,000 jobs
Starbucks is investing $100 million in a Nashville headquarters and adding or relocating 2,000 support jobs to the new location, the company announced during a press conference on Tuesday morning.
·Seattle, United States
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Total News Sources34
Leaning Left6Leaning Right4Center11Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 29%
C 52%
R 19%
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