Starbucks Corp. laid off corporate workers in the London and Hong Kong hubs that oversee parts of its international business, as the coffee chain gives third-party licensees greater latitude to run its stores outside of North America.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-19/starbucks-cuts-uk-hong-kong-office-jobs-in-restructuring-effort)

Sponsored