Starbucks workers holds signs on a picket line when they hold an employee strike outside of a Starbucks location in lower Manhattan on November 21, in New York City. Starbucks is planning to lay off 300 employees across the country as it tries to lower costs and reorganize, the company announced Friday. File Photo by John Angelillo/UPI | License Photo
May 15 (UPI) -- Starbucks is planning to lay off 300 employees across the country as it tries to lower costs and reorganize, the company announced Friday.
The layoffs focus on Starbucks' retail workers, following a layoff of 61 corporate employees less than a week ago.
"Leaders have taken a hard look at their respective functions to further sharpen focus, prioritize work, reduce complexity, and lower costs," a Starbucks spokesperson said in a statement.
The cuts are part of Starbucks' "Back to Starbucks" strategy to "return the company to durable, profitable growth," the spokesperson said.
