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Wajeeh Khan

Starbucks Layoffs: What to Know About the Latest SBUX Job Cuts

Starbucks SBUX TD Cowen

Starbucks (SBUX) shares remain in focus after the multinational chain of coffeehouses announced plans of laying off 300 of its corporate employees and closing several of its regional offices. 

These job cuts are part of CEO Brian Niccol’s “Back to Starbucks” turnaround strategy, aimed at reducing corporate overhead and streamlining operations. 

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