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Starbucks to Cut Jobs, Close Stores and Take $1 Billion Hit in Revamp Effort

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Sep 25, 2025 - 12:00
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Starbucks to Cut Jobs, Close Stores and Take $1 Billion Hit in Revamp Effort
The coffee chain said it would shutter some underperforming U.S. stores and eliminate 900 corporate jobs as part of a plan to build “a better, stronger and more resilient Starbucks.”
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