Starbucks Expands Restructuring, Cuts 180 UK and Hong Kong Office Jobs
Reported by Reuters
Sentiment
Negative
Importance
7
Price
$100.814
Mkt Cap
$114.711B
52W Low
$77.99
52W High
$108.88
Market data snapshot near publication time
Summary
Starbucks is cutting approximately 180 office jobs, with about 120 positions in London and 60 in Hong Kong, as part of a restructuring effort. This follows a previous announcement on May 15th of 300 corporate job cuts in the U.S. The ongoing global job reductions indicate a sustained focus by management on cost reduction and efficiency improvements across its international operations.
At the time of this announcement, SBUX was trading at $100.81 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $114.7B. The 52-week trading range was $77.99 to $108.88. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
SBUX - Latest Insights
SBUX
Jun 19, 2026, 3:13 PM EDT
Price at Filing:
$100.81
Real-time Price:
$100.81
Change:
$0 (0%)
Market Cap:
$114.711B
SBUX
Jun 15, 2026, 1:27 AM EDT
Price at Filing:
$102.62
Real-time Price:
$100.81
Change:
-$1.80 (-2%)
Market Cap:
$114.711B
SBUX
Jun 10, 2026, 3:04 AM EDT
Price at Filing:
$97.40
Real-time Price:
$100.81
Change:
+$3.41 (+4%)
Market Cap:
$114.711B
SBUX
Jun 09, 2026, 3:45 PM EDT
Price at Filing:
$97.21
Real-time Price:
$100.81
Change:
+$3.60 (+4%)
Market Cap:
$114.711B
SBUX
May 28, 2026, 10:36 AM EDT
Price at Filing:
$101.53
Real-time Price:
$100.81
Change:
-$0.7156 (-0.70%)
Market Cap:
$114.711B
SBUX
May 26, 2026, 3:06 PM EDT
Price at Filing:
$101.24
Real-time Price:
$100.81
Change:
-$0.4206 (-0.42%)
Market Cap:
$114.711B
SBUX
May 21, 2026, 11:46 PM EDT
Price at Filing:
$104.50
Real-time Price:
$100.81
Change:
-$3.69 (-4%)
Market Cap:
$114.711B
SBUX
May 21, 2026, 2:54 PM EDT
Price at Filing:
$104.38
Real-time Price:
$100.81
Change:
-$3.57 (-3%)
Market Cap:
$114.711B
SBUX
May 20, 2026, 4:15 PM EDT
Price at Filing:
$106.50
Real-time Price:
$100.81
Change:
-$5.69 (-5%)
Market Cap:
$114.711B
SBUX
May 18, 2026, 3:16 PM EDT
Price at Filing:
$106.24
Real-time Price:
$100.81
Change:
-$5.42 (-5%)
Market Cap:
$114.711B