Categories: Business

Starbucks pours a bitter brew: Coffee giant to lay off 300 workers across US in $400 million restructuring

Starbucks is laying off approximately 300 US-based roles as it consolidates its office network and shutters several locations. This move is part of a broader strategy to achieve “durable, profitable growth” by reducing complexity and costs. The company expects additional international job cuts as it reviews its global support structure.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘I won’t leave it until I win’: Khan returns for his 4th Asiad with same Oly dream

As Mairaj Ahmad Khan prepares for his fourth Asian Games, the Olympic gold that has…

53 minutes ago

Ed Sheeran says friends and family ‘abandoned’ him amid Macklemore controversy

Ed Sheeran performed emotionally in Philadelphia after opening acts withdrew. He expressed feeling abandoned by…

1 hour ago

‘New Found Glory’ band guitarist Chad Gilbert passes away at 45

Chad Gilbert, New Found Glory's lead guitarist, has died at age 45. He passed away…

3 hours ago