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Starbucks cuts 104 jobs as restructuring nears completion

Company eliminates roles in Seattle and Nashville as part of a broader $2 billion cost-reduction plan under CEO Brian Niccol. Total corporate job cuts exceed 2,300 since last year.

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Helena Vásquez · Business Desk · 21 Aug 2026 · 01:37 · 1 min read
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Starbucks cuts 104 jobs as restructuring nears completion

Starbucks Corp. eliminated 104 positions on Thursday as its restructuring program nears completion, including roles within the team responsible for store design and construction. The cuts follow the relocation of its corporate headquarters to Nashville, where approximately 120 workers chose not to relocate from Seattle and were subsequently separated.

The company expects its new Nashville office to eventually employ around 2,000 workers. Since last year, Starbucks has reduced its corporate workforce by more than 2,300 roles as part of a broader initiative to streamline operations and achieve $2 billion in cost savings over two years under Chief Executive Officer Brian Niccol.

The restructuring has involved workforce reductions across the U.S. and internationally, with Washington state regulators cited in Bloomberg’s report. The initiative was first announced in May alongside the company’s cost-cutting targets.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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