Starbucks Corporation announced today that it will lay off 900 corporate employees as part of a broader restructuring effort aimed at improving operational efficiency and supporting its “Back to Starbucks” turnaround strategy.
The company also disclosed that it will reduce its North American store count by 1%, a move that will shrink the footprint of its company‑operated locations across the United States and Canada.
These changes are significant because they represent a substantial shift in the company’s cost structure and store strategy, potentially impacting future revenue streams and the overall scale of its retail operations.
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