Home Business Starbucks to Cut 900 Jobs, Shutter Underperforming Stores

Starbucks to Cut 900 Jobs, Shutter Underperforming Stores

Share
starbucks-to-cut-900-jobs,-shutter-underperforming-stores
Starbucks to Cut 900 Jobs, Shutter Underperforming Stores
Share
Starbucks to Cut 900 Jobs, Shutter Underperforming Stores

A person passes by a Starbucks coffee sign at Birmingham Shuttlesworth International Airport in Birmingham, Ala., on Dec. 7, 2023. Madalina Vasiliu/The Epoch Times

Starbucks will eliminate approximately 900 jobs and close underperforming stores in North America as part of corporate restructuring efforts, the company announced on Sept. 25.

Since taking over in 2024, CEO Brian Niccol has been overhauling operations to revitalize the brand, including a “Back to Starbucks” strategy, expanding a health-conscious menu, and redesigning more than 1,000 North American locations.

Share
Related Articles
usda-unveils-new-support-for-ranchers-to-rebuild-cattle-herds
BusinessEconomyUSUS News

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new package of measures...

how-major-us-stock-indexes-fared-aug.-31
BrightBusinessInvestingMarketsPersonal FinanceStocks

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American forces struck Iranian...

trump-unveils-new-drug-pricing-deals-with-9-pharmaceutical-companies
BusinessCompaniesExecutive BranchUSUS NewsUS Politics

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with nine midsize pharmaceutical...