Starbucks slashing 900 jobs, closing hundreds of stores, including iconic roastery, in $1B cost-cutting plan

New York PostThursday, September 25, 2025 at 4:16:13 PM
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Starbucks slashing 900 jobs, closing hundreds of stores, including iconic roastery, in $1B cost-cutting plan
Starbucks is making significant cuts by slashing 900 jobs and closing hundreds of stores, including its iconic roastery in Seattle, as part of a $1 billion cost-cutting plan. This move comes after the company has faced six consecutive quarters of declining sales in the US, highlighting the challenges it is currently facing in a competitive market. The closure of the flagship unionized location raises concerns about the future of labor relations within the company and its ability to recover from these financial setbacks.
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