• Starbucks is laying off 5 percent of its corporate workforce, according to a memo obtained by CNBC.

 

  • The coffee giant had previously indicated it would cut non-retail employees as it shakes up its organizational structure.

 

  • CEO Kevin Johnson says impacted employees were in roles connected to work that had been “eliminated” or “deprioritized” in Starbucks' streamlining efforts.

 

Starbucks is planning to cut approximately 5 percent of its global corporate workforce, according to a memo sent by CEO Kevin Johnson on Tuesday.
 

About 350 employees in marketing, creative, product, technology and store development will be impacted, Johnson said in the memo obtained by CNBC.
 

Johnson said affected divisions will undergo “significant changes” as Starbucks narrows its priorities and aims to become a more nimble company. While the decisions were “incredibly difficult,” he said they were made after “very careful consideration.” Johnson said impacted roles were related to work that had been “eliminated” or “deprioritized.”

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