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The Independent UK

Business

J.R. Duren

Starbucks lays off 300 office staff

Starbucks Brian Niccol Chipotle Amazon CNBC Walmart

Starbucks is the latest major American company to lay off a significant number of its white-collar workforce.

The coffee giant said Friday it was cutting 300 U.S. corporate employees, citing the need “to return the company to durable, profitable growth,” according to a CNBC report. Retail employees were not affected.

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