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

The company said the cuts are part of a turnaround plan to lower costs and simplify operations, with $400 million in restructuring charges expected.

  • 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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King5 News broke the news in Seattle, United States on Friday, May 15, 2026.
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