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| Economy |
| Starbucks closing some locations, cutting 900 jobs as turnaround continues |
| 2025-09-25 |
| [USA Today] Starbucks will close 1% of its locations in the U.S. and North America and cut about 900 jobs as part of its Back to Starbucks transformation strategy, CEO Brian Niccol told employees Thursday, Sept. 25. The specialty coffee chain will close specific locations "where we’re unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance," Niccol said in a memo sent to employees and posted on the Starbucks blog. Employees at those locations will be notifed this week and will be eligible for transfer to nearby locations, he said. The reduction in 900 "current non-retail partner roles" is part of the company's goal to "build toward a better Starbucks," Niccol said. Related: Starbucks 09/18/2025 Arabica Coffee Prices Soar As Analyst Warns of ‘Weather Disasters’ Risk Denting Global Production Starbucks 06/14/2025 Bean There, Done That: Another Big Company Flees a Blue State Starbucks 06/10/2025 Microsoft pulls major tech conference from Seattle over crime, drug use, homelessness |
| Posted by:Besoeker |
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| Posted by: DooDahMan 2025-09-25 13:49 |
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| Posted by: mossomo 2025-09-25 13:48 |
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| Posted by: Besoeker 2025-09-25 09:14 |