Starbucks to lay off 900 workers, close some US and Canada stores
Share this @internewscast.com

Starbucks said Thursday that it expects to end its fiscal year with 18,300 stores in North America, down 124 from last year.

WASHINGTON — Starbucks is planning to cut approximately 900 non-store-based positions and will also shut down a few outlets in the U.S. and Canada as part of its effort to reallocate resources towards revitalizing the company.

The Seattle-based coffee company intends to inform employees who are affected by the job cuts on Friday morning. Additionally, the company will proceed with closing several store locations in North America in the near future, although the exact number has not been specified.

According to a message from Starbucks CEO Brian Niccol on Thursday, a recent evaluation revealed that numerous stores are not meeting financial targets or providing the experience that customers anticipate.

Niccol explained, “Each year, we assess our coffeehouses for various reasons, such as financial outcomes and lease expirations. This is a more significant initiative that we acknowledge will affect our partners and patrons. Our coffeehouses are central to the community, so shutting any is a tough decision.”

Starbucks said Thursday that it expects to end its fiscal year with 18,300 stores in North America, down 124 from last year.

It’s rare for Starbucks to shrink its store count during a fiscal year.

Niccol, who joined Starbucks a year ago this month, is recognized for his expertise in organizational recovery. He previously led the turnaround at the struggling Chipotle chain, where during his six-year tenure, he substantially increased its revenue and profit, causing the stock price to surge.

Starbucks said it will offer severance and support packages for affected employees.

Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.     

Share this @internewscast.com
You May Also Like
Trail grows cold in manhunt for survivalist father as authorities reach breaking point: 'I'm still angry'

Authorities pronounce Travis Decker deceased while concluding the case, but sheriff awaits DNA results for fugitive father

Federal authorities have announced that Travis Decker is deceased, leading to the…
Syracuse University students face hate crime charges after attacking Jewish fraternity with pork, police say

Syracuse University Students Charged with Hate Crime for Vandalizing Jewish Fraternity with Pork, Authorities Report

Two students attending Syracuse University are facing charges related to hate crimes…
Cold case arrest: Retired sailor arrested in Jacksonville woman's 1994 murder

Arrest Made in 1994 Jacksonville Murder: Former Sailor Taken into Custody

State Attorney Melissa Nelson said a grand jury has indicted Michael Ziegler,…
Texas church arson suspect accused of hand-delivering written threats to Charlie Kirk vigil

Suspect in Texas Church Arson Allegedly Delivered Written Threats to Charlie Kirk Vigil

A woman has been detained for allegedly igniting a fire outside a…
Brazen blue state jewelry store heist caught on camera as armed mob makes off with $1M in merchandise: police

Daring Jewelry Store Robbery in Blue State: Armed Group Steals $1 Million in Goods, Captured on Video

Close to 24 suspects, some wielding weapons, audaciously raided a jewelry store…
Chicago shooting: Laroy Battle sentenced to life in prison for killing 2 teens in South Shore who asked how tall he was in 2020

Chicago Incident: Laroy Battle Receives Life Sentence for 2020 Murder of Two Teens in South Shore Over Height Inquiry

A man from Chicago has received a life sentence after being convicted…
Manhunt ignites in major US city after accused murderer walks free in 'monumental mistake': victim's mother

Manhunt Launched in Major US City Following Accused Murderer’s Release in ‘Major Error,’ Says Victim’s Mother

A manhunt is underway in Oregon as authorities search for an accused…
Zelenskyy 'ready' to exit office if war ends, open to elections in ceasefire

Zelenskyy Willing to Step Down After War Resolution, Open to Elections During Ceasefire

President Volodymyr Zelenskyy has suggested he is ready to step down from…
FWC arrests man accused of illegally capturing, killing, harvesting alligators

Man Arrested for Unlawfully Capturing and Hunting Alligators

The FWC the man and others illegally captured seven alligators from a…
Inspired by Erika Kirk, Tim Allen Makes Powerful Statement About Forgiving the Man Who Killed His Father

Motivated by Erika Kirk, Tim Allen Shares a Strong Message on Forgiving His Father’s Killer

It has been a little over two weeks since the assassination of…
Random blue city stabbing death fuels new bail bill as ‘activists’ ripped for lack of crime crackdown: expert

A recent random stabbing death in a major city prompts new bail legislation, while ‘activists’ face criticism for not addressing crime, according to experts.

In the wake of the stabbing death of Ukrainian refugee Iryna Zarutska…
Amazon's AWS boss chides staff for slow product rollouts

Amazon’s AWS Chief Criticizes Team for Delayed Product Launches

The top executive of Amazon Web Services urged employees on Thursday to…