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#restructuring · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Starbucks, May 15: Niccol's Third Round Cuts 300 U.S. Corporate Roles in 15 Months — Atlanta/Chicago/Burbank Offices Closing — $400M Restructuring Charge ($280M Asset Impairment + $120M Severance) Booked the Same Quarter Same-Store Sales Grew 7.1% and SBUX Is Up 26% YTD AI & Jobs

Starbucks, May 15: Niccol's Third Round Cuts 300 U.S. Corporate Roles in 15 Months — Atlanta/Chicago/Burbank Offices Closing — $400M Restructuring Charge ($280M Asset Impairment + $120M Severance) Booked the Same Quarter Same-Store Sales Grew 7.1% and SBUX Is Up 26% YTD

Starbucks confirmed Friday it will cut 300 U.S. corporate roles and shutter support offices in Atlanta, Chicago and Burbank — booking $400M in restructuring charges in the same quarter U.S. same-store sales rose 7.1% and the stock climbed 26% YTD.

#starbucks#layoffs#niccol