finance
Starbucks to Cut 300 U.S. Corporate Jobs and Close Regional Offices
Starbucks announced it will lay off 300 U.S. corporate employees and shutter some regional support offices as part of its ongoing restructuring. The move is the third round of corporate layoffs since the current chief executive took over and does not affect store workers. The company expects to record $400 million in restructuring charges tied to severance and office space reviews.
May 15, 9:24 AM·1m read3 sources
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Starbucks on Friday announced it will lay off 300 U.S. corporate employees and close several regional support offices as the latest step in its multi-year turnaround effort. The cuts do not affect coffeehouse staff. The company has also begun a review of its international corporate workforce, according to a statement.
Combined severance costs and a reassessment of office space will produce restructuring charges of $400 million. That total includes $280 million in noncash charges for impairment of long-lived assets and $120 million in cash charges linked to the job reductions.
The announcement marks the third round of corporate layoffs since the current chief executive took over. In February 2025 the company said it would cut 1,100 jobs and leave several hundred open positions unfilled. Seven months later it announced another 900 job losses among non-retail workers as part of a $1 billion restructuring plan.
As of late September 2025, Starbucks employed 19,000 U.S. non-retail workers and 5,000 international employees in regional support roles. For its fiscal second quarter, U.S. same-store sales rose 7.1 percent, driven by a 4.3 percent increase in transactions.
That marked the second consecutive quarter of traffic growth at U.S. locations. The company had previously reported declining sales amid heightened competition and more budget-conscious consumers. " — Starbucks spokesperson, May 15, 2026 (CNBC) The latest job reductions and office closures are intended to sustain the momentum achieved in recent quarters while lowering overall costs.
