Overview
- An SEC filing in May detailed about $400 million in restructuring charges, with $120 million for severance and $280 million to write down non‑retail assets such as Reserve and Roastery sites.
- A Washington state WARN notice shows 252 Seattle support‑center jobs will be eliminated, with first separations on July 17 and all completed by Feb. 1, 2027.
- Starbucks is shutting regional support offices in Atlanta, Burbank, Chicago, and Dallas as it consolidates its corporate footprint.
- The company says store employees are not affected, as resources shift to staff cafes and improve in‑store service.
- Management targets up to $2 billion in cost savings and is opening a Nashville support hub expected to employ about 2,000 people over five years, while an international review could lead to more cuts outside the U.S.