Starbucks cutting 350 jobs at Seattle headquarters
SEATTLE (AP) — Starbucks has notified about 350 corporate employees in Seattle that they no longer have a job.
News outlets report the layoffs Tuesday were expected in connection to a reorganization announced earlier this fall.
CEO Kevin Johnson announced the layoffs to employees via email, saying the decision to terminate positions came “as a result of work that has been eliminated, de-prioritized or shifting ways of working within the company.”
The company, under pressure to accelerate sales growth and in the midst of a multiyear changeover of top leadership, spent the fall engaging in a function-by-function review of its corporate teams.
Most of the job cuts were expected to hit employees at the company’s headquarters in Seattle’s Sodo area, where about 5,000 people work. No layoffs at the retail store level were planned.