Starbucks Plans Major Store Closures and Job Cuts in Restructuring
TL;DR Summary
Starbucks is closing hundreds of stores and laying off 900 employees in North America as part of a restructuring effort led by CEO Brian Niccol, aiming to improve financial stability and customer experience, despite ongoing unionization efforts and recent sales challenges.
- Starbucks to close hundreds of stores, lay off 900 workers as part of turnaround plan AP News
- Starbucks announces significant store closures and layoffs CNN
- Starbucks to Close Stores and Lay off Employees in Restructuring TODAY.com
- Starbucks to Cut Jobs, Close Stores and Take $1 Billion Hit in Revamp Effort The New York Times
- Starbucks to lay off 900 workers, close stores ABC News - Breaking News, Latest News and Videos
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