AUSTIN, TEXAS - AUGUST 20: A Starbucks store is seen on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: A Starbucks sign is displayed at a Starbucks store on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: In this photo illustration, a Starbucks beverage is displayed on a countertop on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: The Starbucks logo is displayed at a Starbucks store on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: The Starbucks logo is displayed at a Starbucks store on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: A Starbucks store is seen on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

AUSTIN, TEXAS - AUGUST 20: A Starbucks store is seen on August 20, 2026 in Austin, Texas. Starbucks is scheduled to lay off more than 200 corporate employees, including 120 technology workers, as the company continues efforts to tighten operations two years into a turnaround led by CEO Brian Niccol. (Photo by Brandon Bell/Getty Images)

President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House, Wednesday, Aug. 19, 2026, in Washington. (AP Photo/Jacquelyn Martin)