Starbucks cutting corporate workforce

BY CSA Staff

Starbucks Corp. is reportedly making some big changes at its Seattle headquarters.

The coffee giant plans to cut 5% of its corporate workforce, according to CNBC, which cited a memo sent by Starbucks CEO Kevin Johnson. The layoffs, first reported by The Wall Street Journal, will affect some 350 employees in marketing, creative, product, technology and store development, according to the report.

The cuts were not unexpected. In September, Starbucks said it was realigning its organizational structure, which would result in cuts to corporate staff.

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