Starbucks Corp to lay off around 350 global corporate employees, said Chief Executive Officer Kevin Johnson yesterday in a memo to employees.
Elimination of non-store employees is a part of the company’s restructuring plan, which was introduced in September by Johnson with an aim to make Starbucks nimble enough to manage rivals in a fiercely competitive coffee market in the United States.
Johnson in the memo wrote, “Every single decision was made after very careful consideration… And while incredibly difficult, they came as a result of work that has been eliminated, deprioritized or shifting ways of working within the company.”
The elimination of over 350 global corporate employees would primarily affect employees at its Seattle support center, said the memo. The decision of Starbucks global corporate employees layoffs was first reported by the ‘the Wall Street Journal’.