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Starbucks to take $400m hit in latest corporate layoff drive

The Seattle-based coffee giant has now undertaken three rounds of job cuts since the start of 2025 as CEO Brian Niccol seeks to simplify operations and return the business to sustained profitable growth

Starbucks CEO Brian Niccol | Photo: Joshua Trujillo/Starbucks

The Seattle-based coffee giant has now undertaken three rounds of job cuts since the start of 2025 as CEO Brian Niccol seeks to simplify operations and return the business to sustained profitable growth

Starbucks has announced a third round of corporate layoffs and support office closures as part of CEO Brian Niccol’s ongoing Back to Starbucks turnaround strategy.

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