Overview

• The company will shrink its North America footprint by about 1% this fiscal year, finishing near 18,300 locations after closing hundreds of cafés in the coming days.
• The plan cuts approximately 900 corporate, non‑retail jobs, following about 1,100 staff reductions announced earlier in 2025.
• Employees at affected stores are being notified now, with transfers offered where possible and severance and support provided when relocation is not feasible.
• More than 1,000 stores will be remodeled with added seating, power outlets and warmer designs as Starbucks steps back from underperforming pickup‑only formats.
• Starbucks expects roughly $1 billion in restructuring costs largely tied to lease terminations, asset write‑downs and severance, with actions concentrated in the U.S. and Canada.