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Starbucks announces store closures, which could result in a loss of 900 jobs. Here's what we know.

Starbucks announced that they will be closing 1% of their store locations in the U.S. and North America before the end of their fiscal year, which ends over the weekend. The store closures will result ... Read More

Starbucks to cut 900 jobs and close underperforming stores

Starbucks is cutting approximately 900 jobs and closing underperforming stores in the U.S. and Canada, CEO and chairman Brian Niccol said Thursday. The “difficult” decisions are part of a company ... Read More

Starbucks closing hundreds of stores, cutting 900 jobs in September

Starbucks will close about 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, ... Read More

Starbucks slashing 900 jobs, closing hundreds of stores, including iconic roastery, in $1B cost-cutting plan

Starbucks said Thursday it would close underperforming stores in North America, including its iconic Seattle roastery, as CEO Brian Niccol presses ahead with his $1 billion restructuring effort to ... Read More

Starbucks to cut 900 jobs, close some underperforming stores

Starbucks said Thursday that it will eliminate 900 nonretail jobs and "close many open positions." The coffee retailer will also shutter some of its underperforming stores, CEO Brian Niccol told ... Read More