Starbucks Cuts 300 U.S. Jobs, Takes $400 Million Charge in Turnaround Push

Context Since Niccol became CEO, Starbucks has pursued a series of cost‑saving actions to revive slowing U.S. sales and counter stronger competition. Earlier rounds in 2025 removed 1,100 and then 900 nonretail positions. Those steps coincided with menu updates, added cafe seating, and increased store staffing, which helped drive a 7.1% rise in U.S. same‑store sales and a 4.3% jump in customer transactions in the latest quarter.

Key Facts The latest action eliminates 300 U.S. corporate jobs and begins a review of the international corporate workforce. Starbucks expects roughly $400 million in restructuring charges, consisting of $280 million in noncash asset impairment costs and $120 million in cash severance and office‑space expenses. A spokesperson said the cuts are "further action under the Back to Starbucks strategy, building on strong business momentum and working to return the company to durable, profitable growth."

What It Means The job reductions target corporate support roles, leaving store‑level partners unaffected. By trimming overhead and impairing underused assets, Starbucks aims to lower operating costs while preserving investments in store experience and product innovation. Investors will watch whether the savings translate into sustained margin improvement and if the international workforce review yields further efficiencies.