Starbucks to cut 900 jobs and close dozens of North American stores as sales struggle

A reusable cup for sale at a Starbucks coffee shop in Albany, New York, on 30 January 2024. Photograph: Angus Mordant/Bloomberg via Getty Images

Starbucks will lay off around 900 staff and pull down the shutters on some 100 cafes across North America as part of a $1bn restructuring plan to revive the world’s largest coffee chain.

The business, which eliminated 1,100 corporate positions earlier this year, will also close “many” open or vacant positions as it notifies affected employees affected by cuts on Friday.