Starbucks says its turnaround is gaining momentum and cuts 300 more jobs

Source: Business Insider

Starbucks on Friday announced its third round of corporate layoffs since February 2025. Bloomberg/Getty ImagesStarbucks announced its latest round of corporate layoffs on Friday, slashing 300 jobs. It's the third round of cuts since February 2025, amid its "Back to Starbucks" turnaround strategy.