Starbucks says its turnaround is gaining momentum and cuts 300 more jobs

Starbucks on Friday announced its third round of corporate layoffs since February 2025. Bloomberg/Getty Images

Starbucks announced its latest round of corporate layoffs on Friday, slashing 300 jobs.

It's the third round of cuts since February 2025, amid its "Back to Starbucks" turnaround strategy.

Starbucks' restructuring reflects a broader trend of corporate cutbacks of white-collar jobs.

Starbucks continues cutting corporate staff as CEO Brian Niccol pushes ahead with a sweeping turnaround effort that has already reshaped parts of the coffee giant's business.

The company announced on Friday that it is eliminating about 300 US support roles and reviewing its international support organization, a move that could result in additional layoffs outside the US.…