Starbucks Cutting 900 Non-Retail Jobs and Closing More Stores
Briefly

Starbucks Cutting 900 Non-Retail Jobs and Closing More Stores
""Unless your job specifically requires you to be on site in the office, we're asking you to work from home today and tomorrow," Niccol wrote in the letter, dated Sept. 25, adding that the company plans to "offer generous severance and support packages including benefits extensions." Additionally, the company is planning to close hundreds of stores throughout the United States as part of its "Back to Starbucks" strategy, which involves retail store staffing changes and interior design changes."
"In the letter - titled "Message from Brian: An Important Update" - Niccol said a review of the company's North American coffee shop portfolio identified stores that were "unable to create the physical environment our customers and partners expect, or where we don't see a path to financial performance." As it closes those shops, Starbucks expects its company-operated North American store count to decline about 1% in fiscal year 2025."
Starbucks plans to lay off 900 U.S. corporate staff and asks employees whose jobs do not require onsite presence to work from home today and tomorrow. The company will offer generous severance and support packages, including benefits extensions. Hundreds of U.S. stores will be closed under a "Back to Starbucks" strategy addressing retail staffing and interior design. A portfolio review identified stores unable to create expected physical environments or lacking a path to financial performance. Company-operated North American store count is expected to decline about 1% in fiscal 2025, with efforts to relocate affected employees and provide severance where relocation is not possible.
[
|
]