Starbucks Restructuring: 300 Layoffs in $400 Million Cost Cut
Author: Qahwa World – Dubai Date: May 16, 2026 Executive Summary Starbucks will lay off approximately 300 US-based employees as part of a major restructuring. The total restructuring cost is $400 million, including $120 million for severance payments. Starbucks will close regional offices in Atlanta, Burbank, Chicago, and Dallas. The company is reviewing its international</p>