Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeWorkStarbucks to cut 300 more corporate roles in cost-cutting spreeThis comes after already shedding 2,000 corporate roles, including as recently as last monthAuthor of the article:Last updated 4 hours ago You can save this article by registering for free here. Or sign-in if you have an account.Starbucks is rebounding from a lengthy sales slump with new products, more marketing, and accurate speedy orders. Photo by BloombergStarbucks Corp. is cutting an additional 300 corporate jobs, its latest move to hit cost-reduction targets.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe positions Starbucks is eliminating are located across the United States, including at its Seattle headquarters. It’s also reviewing corporate roles abroad, the company said Friday. Starbucks declined to elaborate what departments will be affected by the job cuts.Starbucks is rebounding from a lengthy sales slump with new products, more marketing, and accurate speedy orders as part of chief executive Brian Niccol’s turnaround plans. The coffee chain is also reducing US$2 billion in costs over two years and it has already cut more than 2,000 corporate roles, including as recently as last month.FP Work touches on HR strategy, labour economics, office culture, technology and more.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Work will soon be in your inbox.We encountered an issue signing you up. Please try again“Leaders have taken a hard look at their respective functions to further sharpen focus, prioritize work, reduce complexity and lower costs,” a spokesperson for Starbucks said in a statement.Starbucks will also close smaller regional offices in Atlanta, Chicago, Dallas and Burbank, California, which serve as hubs for staff that support stores in those regions. Most staffers that were in those offices will now work remotely.The chain will incur US$400 million in restructuring charges, including US$280 million of non-cash charges related to a review of its Reserve and Roastery store locations and changes to its corporate offices. The other US$120 million will be cash charges mostly linked to employee separation benefits.Starbucks is moving some corporate staff to Nashville as part of efforts to keep a lid on costs. The city is appealing due to Tennessee’s lower taxes and salaries. The state offers proximity to some suppliers and to parts of the country where it wants to build more stores, the company has said. The Nashville office, in which Starbucks is investing US$100 million, will eventually house 2,000 workers. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
Starbucks to cut 300 more corporate roles in cost-cutting spree
Starbucks is eliminating the positions across the U.S., but it's also reviewing corporate roles abroad. Read more








