Published May 15, 2026, 9:28 a.m. EDT | Updated May 15, 2026, 10:33 a.m. EDT
The layoffs are part of the company’s Back to Starbucks turnaround strategy Coffee giant Starbucks The U.S. government is cutting approximately 300 U.S. support positions and closing some regional support offices.
“We are taking further steps as part of the Back to Starbucks strategy, building on our strong business momentum and working to return the company to sustainable, profitable growth,” a Starbucks spokesperson said in a statement to FOX Business.
A Starbucks coffee shop at Miami International Airport. (iStock)
“Leaders took a hard look at their respective functions to better focus, prioritize work, reduce complexity and reduce costs. As a result, we are eliminating approximately 300 support positions in the United States. roles”said the spokesperson.
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A Starbucks coffee shop in Sacramento, California. (David Paul Morris/Bloomberg via Getty Images)
“We are also reviewing our international support organization as we strive to be a world-class licensor and anticipate additional impacts outside of the United States,” the spokesperson noted.
The company is also closing some regional support offices.
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A customer holds a Starbucks cup outside one of the company’s cafes in San Francisco, California. (David Paul Morris/Bloomberg via Getty Images)
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“We are streamlining our real estate “, noted the spokesperson.
Costs have been rising at Starbucks in recent quarters as CEO Brian Niccol pursues a Back to Starbucks turnaround strategy focused on the coffee floor, which has resulted in heavy investments in additional barista staff. Executives last month touted what they called a significant milestone in the turnaround as the company reported its strongest sales growth in more than two years, although operating profit margins have fallen by nearly half since the turnaround began in late 2024.
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Teleprinter Security Last Change Change % SEX STARBUCKS CORP. 106.40 +0.45 +0.42% The company said it plans to pay about $120 million in severance to laid-off employees. It also announced that it would reduce the carrying value of certain real estate assets by $280 million, primarily related to its reserves and roasters, as well as certain non-business support facilities.
Reuters contributed to this report.