Starbucks pours a bitter brew: Coffee giant to lay off 300 workers across US in $400 million restructuring

May 16, 2026 - 17:00
Starbucks pours a bitter brew: Coffee giant to lay off 300 workers across US in $400 million restructuring

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Starbucks is laying off approximately 300 US-based roles as it consolidates its office network and shutters several locations. This move is part of a broader strategy to achieve "durable, profitable growth" by reducing complexity and costs. The company expects additional international job cuts as it reviews its global support structure.

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