Starbucks $1B restructuring

Starbucks to Cut Jobs, Close 500 Stores in $1B Restructure

Written By Lexx Thornton Starbucks announced a $1 billion restructuring plan Thursday that involves closing some of its North American coffeehouses and laying off more workers as it moves ahead with its “Back to Starbucks” transformation under CEO Brian Niccol.  The number of company-operated stores in North America will decline by about 1% in fiscal

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