Starbucks announced on February 21 that as part of its transformation agenda and company restructuring that it was eliminating about 600 positions. The company has not made any formal upward revisions to that number, but a Seattle paper reported yesterday that Starbucks is laying off 100 global store development employees, including 25 at Seattle headquarters. The company has said that it is focused on reducing costs (CFO Peter Bocian referred to it earlier this week as a strong focus on controllables ). This increased headcount reduction brings us one step closer to improving profitability!