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Starbucks to close stores, cut about 900 jobs
Financial Express Mumbai
|September 26, 2025
STARBUCKS SAID ON Thutrsday it would close underperforming coffee shops,mainlyin North America, and cut about 900 jobs as part of a restructuring plan underCEO Brian Niccol thatwould costabout $1 billion.
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The company has been revamping its US operations under Niccol’s strategy to restorea traditional coffeehouse atmosphere in stores by reducing wait times in a bid to revive sales, while al
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