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Starbucks to Lay Off 300 Workers in the U.S.

· Telemundo McAllen (KTLM)

Starbucks announced on Friday that it will lay off 300 corporate employees and close some offices in the United States as part of its ongoing recovery process. The company stated that no café employees will be affected. The cuts will impact workers in support areas such as marketing, human resources, and supply chain management. For now, international employees will not be affected, but Starbucks indicated that it is also reviewing its corporate structure outside the United States. Additionally, Starbucks will close underutilized offices in Atlanta, Dallas, Chicago, and other cities. The Seattle-based company recently announced plans to open a corporate office in Nashville, Tennessee, which will employ up to 2,000 people over the next five years. Starbucks expects these measures to result in $400 million in restructuring charges, including $120 million in employee severance benefits.

AI summary · Source: Telemundo McAllen (KTLM)

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