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Starbucks to Close About 250 North American Cafes and Cut Roughly 900 Jobs in Second Restructuring Round
The board approved the plan on Sept. 22, carrying about $300 million of charges, and the company cut its target for net new stores this year to about 440.
DW
By Dana Whitfield
Sep 25, 2026 · 3 min read
Starbucks will close about 250 underperforming coffeehouses in North America and cut roughly 900 jobs, according to a filing made on Sept. 24 disclosing a restructuring plan its board approved two days earlier.
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Dana Whitfield
Leadership Editor
Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.