The news was emailed to staff just half an hour before Amazon announced its new major locations.

Coffee giant Starbucks announced plans to lay off 350 people, most of them at the company headquarters in the Sodo neighborhood.

That’s roughly 7 percent of its Seattle headquarters.

The cuts began in early September when several senior executives lost their jobs. Starbucks declined to say who they were and how many were laid off.

“Building the next chapter of Starbucks requires us to focus on fewer priorities and transform how our functional teams work in order to accelerate the velocity of innovation that is relevant to our customers,” CEO Kevin Johnson said in a letter to all staff at 6:30 a.m. on Tuesday.

These layoffs, although not significant in the grand scheme of Seattle’s economy, come at a time when the city’s budget office is predicting a slowdown in growth. Indeed, half an hour after Starbucks made the layoffs public, Amazon announced where its second and third new major offices would be located — North Virginia and New York City.