Starbucks Announces Major Store Closures and Layoffs: What’s Going On?

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  On September 25, 2025, Starbucks made waves in the business world by unveiling a sweeping restructuring plan that includes significant store closures and layoffs. The move is part of a broader “turnaround” effort under CEO Brian Niccol to reenergize the the company’s operations, restore its core identity, and return to sustained growth. Below is a deep dive into what is happening, why Starbucks is doing this, and what the implications may be—for employees, customers, competitors, and the industry at large. Key Facts & Figures Let’s begin with a snapshot of the main details: Metric Estimate / Announcement Total cost of restructuring ≈ US$1 billion Layoffs (non‑retail / support / corporate roles) ~ 900 jobs Store closures Hundreds of stores (mainly underperforming ones) Expected net change in North American store count Shrink by ~1% (i.e. 124 fewer than prior year) Allocation of cost ~$150 million for severance / separation benefits; ~$850 millio...
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Trump admin has epstein handshake statue toppled this morning on the National Mall!

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Starbucks Announces Major Store Closures and Layoffs: What’s Going On?

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Image
  On September 25, 2025, Starbucks made waves in the business world by unveiling a sweeping restructuring plan that includes significant store closures and layoffs. The move is part of a broader “turnaround” effort under CEO Brian Niccol to reenergize the the company’s operations, restore its core identity, and return to sustained growth. Below is a deep dive into what is happening, why Starbucks is doing this, and what the implications may be—for employees, customers, competitors, and the industry at large. Key Facts & Figures Let’s begin with a snapshot of the main details: Metric Estimate / Announcement Total cost of restructuring ≈ US$1 billion Layoffs (non‑retail / support / corporate roles) ~ 900 jobs Store closures Hundreds of stores (mainly underperforming ones) Expected net change in North American store count Shrink by ~1% (i.e. 124 fewer than prior year) Allocation of cost ~$150 million for severance / separation benefits; ~$850 millio...
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