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Starbucks Offers Severance After Layoffs

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Starbucks Offers Severance After Layoffs

Starbucks has offered severance packages to baristas and shift supervisors recently laid off due to widespread store closures. The packages include a set number of hours of pay and three months of health insurance premiums, exceeding typical requirements for hourly workers. The company is closing over 100 North American locations, affecting both retail and 900 non-retail employees, as part of a turnaround plan amid declining sales. Affected staff have 45 days to accept the severance offer.

Prepared by Christopher Adams and reviewed by editorial team.

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