Starbucks Layoffs

Starbucks is closing 568 more stores, the largest amount in company history.

1. This will affect 43 states as part of a large restructuring.
2. This is part of their “back to Starbucks” initiative to target underperforming locations.
3. The company will end 2025 with 18,300 locations.
4. DC is losing 20% of stores, South Dakota 14.8, Montana 12%, New York 8.6%, and Washington State 8.5%.

I think Starbucks needs a new leader immediately, but time will tell. Are you still going to Starbs?

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