Starbucks to close 500 stores and layoff 900 employees

[PatCake]

Starbucks will close hundreds of stores this month and will lay off staff at its headquarters as the troubled chain continues to struggle

 

[Elle Seven]

Looked at the article, expecting to hear a large part of the decision was due to the higher prices of coffee under the new administration. Perhaps that timing does not entirely add up, though, and it is more about the fact Starbucks has to rebrand to capture more new customers...I don't know if making the decor nicer is going to cure what's ailing them. Do Gen Zers and younger people really drink coffee like that? They seem to be more of an energy drink consumer base...but maybe that's just my observation.

OAN, the CEO's name is Brian Niccols? I had to read that twice.

 

[jdubnyce]

Starbucks Closing More Stores and Laying Off over 900 Workers

Y'all might have to walk an extra block or 2 to get y'all morning cup of burnt up coffee. I feel bad for the employees, but a lot more layoffs are on the way. https://www.npr.org/2025/09/25/nx-s1-5553386/starbucks-closes-stores-cuts-900-jobs

www.thecoli.com

 

[Paper Boi]

damn I was just saying the other day how Starbucks got staying power. can think of multiple locations where all the businesses around them have changed like 5 times and starbucks still there like 20 years later, but I bet the ones I was thinking of end up on the chopping block.

 

[Child_Of_God]

Instead of closing down shops, why not just simply lower the prices?

 

[Jay Kast]

I would imagine it's because the economy has been trending downward and coffees from Starbucks is one of the first 'luxuries' to get cut when you have to stick to a tighter budget.

 

[3rdWorld]

Coffee bean producers want more money.

 

[richaveli83]

I would imagine it's because the economy has been trending downward and coffees from Starbucks is one of the first 'luxuries' to get cut when you have to stick to a tighter budget.

Maybe now people can buy a house since they're no longer drinking Starbucks.