Starbucks to close stores, cut jobs as part of turnaround strategy

Starbucks CEO Brian Niccol announces plans to close underperforming U.S. stores, cut 900 non-retail jobs and freeze hiring as part of ongoing turnaround efforts.

Sep 25, 2025 - 17:00
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Starbucks to close stores, cut jobs as part of turnaround strategy
Starbucks CEO Brian Niccol announces plans to close underperforming U.S. stores, cut 900 non-retail jobs and freeze hiring as part of ongoing turnaround efforts.

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