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Starbucks announces more layoffs
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Starbucks announces more layoffs

The Seattle Times·6 months ago
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Starbucks is laying off hundreds of employees across the U.S. as it attempts a turnaround.

Starbucks announced Friday that it plans to lay off 300 workers. The news came less than a week after the company let go of 61 corporate employees as a result of a reorganization in its technology department, according to a state filing.

“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.

The Seattle-based coffee giant, under CEO Brian Niccol, has been on a cost-cutting crusade in a bid to bring the company back to sustained, profitable growth.…

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