The Starbucks He'll fire 300. Workers in corporate jobs in a massive cost reduction, according to the company that is also present in Greece.
Workers whose positions are abolished by Starbucks are located throughout the US, including its Seattle headquarters.
He also reviews corporate roles abroad, the company announced on Friday (15.5.2026). Starbucks does not specify which parts of the organization will be affected by job cuts.
The company recovers from a long sales fall period, thanks to the launch of new products, marketing movements and emphasising fast orders. This is the restructuring plan for CEO Brian Nicol.
The coffee chain with its movements reduce costs by $2 billion two years and has already cut more than 2,000 corporate roles, including recent cuts last month.
Starbucks will also close smaller regional offices in Atlanta, Chicago, Dallas and Burbank California, which serve as hubs for staff supporting stores in these areas. Most employees in these offices will now work remotely.
The chain will be burdened with $400 million for restructuring, with $ 280 million involving repositioning stores in other areas and changes in its corporate offices. The other $120 million is mainly linked to allowances and employee retirement benefits.
Starbucks transports part of the corporate staff to Nashville in the context of its efforts to reduce costs. The city is attractive due to Tennessee's lower taxes and salaries. The state offers proximity to some suppliers and to areas in the country where it wants to develop more stores. The office in Nashville, in which Starbucks invests $100 million, will eventually house 2,000 workers.
Reset in Greece
Meanwhile, in reorganization the network is in Greece and Cyprus, where Kuwait-based Alshaya Group acquired the franchise of Starbucks store network taking over as the new exclusive owner and administrator of the chain, which until now operated under the administration of the Marinopoulos family.
The Starbucks chain in Greece and Cyprus began operating in 2002 and Today it numbers 30 points in Greece and 18 in Cyprus, employing about 500 employees.
It is noted that the Alshaya Group is among Starbucks' largest and longest licensed partners worldwide. Since the opening of the first store in Kuwait in 1999, more than 2,000 stores have been operating in 13 countries, serving more than a million customers daily.
