Starbucks to cut corporate jobs, close regional offices
As part of a restructuring initiative, Starbucks is reducing its corporate workforce. The coffee giant anticipates incurring $400 million in charges related to this restructuring. Additionally, it plans to shut down offices located in Atlanta, Burbank, Chicago, and Dallas.
Key facts
- Starbucks is laying off more corporate employees.
- The company expects $400 million in restructuring charges.
- Offices in Atlanta, Burbank, Chicago, and Dallas will be closed.
Entities
Institutions
- Starbucks
Locations
- Atlanta
- Burbank
- Chicago
- Dallas
Sources
- Quartz —