Starbucks is closing over 100 stores and laying off 900 employees, offering severance packages to affected baristas. Find out what this means for the coffee giant's future and its employees.
Starbucks is closing about 1% of its North American stores, including several in Chicago, as part of a restructuring plan, affecting 900 corporate employees. Discover which locations are impacted and the reasons behind the closures.
In a bold move to revive its struggling sales, Starbucks plans to close several underperforming locations across North America, impacting around 900 workers while the CEO's pay raises eyebrows.