pakistan
Starbucks cuts 300 corporate jobs
Key takeaways
- Add ARY News on Google AAResize Starbucks is laying off 300 U.S. corporate employees in its regional support offices as it seeks to return to “durable, profitable growth,” the company announced early Friday.
- The company said it is consolidating some U.S. regional support offices, closing some including those in Atlanta, Burbank, Chicago and Dallas.
- The company said the moves are part of an on-going effort to “sharpen focus, prioritize work, reduce complexity, and lower costs.” It said they will not impact its coffeehouses.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Starbucks is laying off 300 U.S. corporate employees in its regional support offices as it seeks to return to “durable, profitable growth,” the company announced early Friday.
The company said it is consolidating some U.S. regional support offices, closing some including those in Atlanta, Burbank, Chicago and Dallas. The company said it is also reviewing its international support organizations and expects more job cuts outside the U.S.
The company said the moves are part of an on-going effort to “sharpen focus, prioritize work, reduce complexity, and lower costs.” It said they will not impact its coffeehouses.
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