Starbucks is restructuring its U.S. corporate office footprint as part of its turnaround strategy, with plans to close four regional offices and cut another 300 corporate jobs.
The company said it expects to record roughly $400 million in restructuring costs tied largely to office closures, lease obligations, and severance expenses, according to CoStar.
Regional Offices Closing
The closures will affect Starbucks offices in Atlanta, Chicago, Dallas, and the Los Angeles metropolitan area.
Employees currently based in those offices will transition to remote work, even as much of Starbucksโ broader corporate workforce remains under a five-day in-office policy.
The company said it will continue operating corporate hubs in Seattle, New York City, Toronto, the Miami area, and Nashville.
Starbucks Shrinks Regional Offices While Expanding Centralized Hubs
The restructuring comes as Starbucks expands its presence in Nashville, where the company recently finalized a major office lease tied to a broader $100 million investment in the region.
The new 250,000-square-foot office at Peabody Union is expected to house thousands of employees and serve as Starbucksโ East Coast corporate hub.
The company has already relocated parts of its sourcing and technology teams to the area and said future growth in the South and Eastern U.S. will increasingly connect to the Nashville operation.
While Starbucks is reducing some regional office space, it is also consolidating operations into larger strategic hubs tied to hiring, supply chain operations, and long-term expansion plans.
The company said it expects to open between 600 and 650 new stores globally this year as part of its ongoing growth strategy.
