Starbucks CorporationSBUX
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Starbucks is cutting over 200 Seattle jobs as part of restructuring, a cost-reduction measure affecting corporate operations.
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Consumer Discretionary
Starbucks CorporationStarbucks is eliminating more than 200 Seattle-based positions this fall as it restructures corporate operations and shifts some employees to its Nashville office. According to a WARN notice filed with the Washington State Employment Security Department, the first separations are expected October 19, with all affected employees leaving by November 1. Approximately 120 of the separations involve employees who declined to relocate to Nashville, while roughly 104 positions are tied to organizational changes from restructuring announced in May. The cuts span corporate functions including accountants, engineers, managers, real estate representatives, and store designers, and include two vice president positions. Starbucks said the job losses are permanent, and affected employees are receiving 60 days' notice without union representation or bumping rights.
Starbucks CorporationStarbucks is cutting over 200 Seattle jobs as part of restructuring, a cost-reduction measure affecting corporate operations.