Starbucks is the latest major American company to lay off a significant number of its white-collar workforce.
The coffee giant said Friday it was cutting 300 U.S. corporate employees, citing the need “to return the company to durable, profitable growth,” according to a CNBC report . Retail employees were not affected.
Friday’s layoffs represent around 3 percent of the company’s roughly 9,000 white-collar workers. Regional offices in Atlanta, Chicago, Dallas, and other locations will be closed, according to CBS News .
These are the latest corporate cuts under CEO Brian Niccol , who came to Starbucks in August 2024. Some 2,300 corporate employees have been let go in three rounds of layoffs since February 2025, CNBC reported.…