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Starbucks Cuts 250 North American Stores, Jobs Amid First India GCC Launch
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Storyboard•25-09-2026, 09:27
Starbucks Cuts 250 North American Stores, Jobs Amid First India GCC Launch
- •Starbucks is closing approximately 250 underperforming cafes across North America and eliminating hundreds of corporate roles as part of a wider cost-reduction program.
- •The company expects to incur roughly $300 million in restructuring charges linked to the store closures and aims to cut $2 billion in costs by the end of fiscal 2028.
- •These reductions follow previous rounds of corporate restructuring, including approximately 900 job cuts and the elimination of 2,000 corporate roles in the prior year.
- •Starbucks will offer severance support to employees leaving due to closures and attempt to transfer baristas to other locations where possible.
- •In contrast to North American cutbacks, Starbucks is expanding its technology investment in India with its first Global Capability Centre (GCC) in Chennai, creating 800 tech jobs.
Key Questions Answered
Starbucks is closing around 250 underperforming cafes across North America as part of a wider cost-reduction program.
The new Global Capability Centre in Chennai is expected to create around 800 technology jobs to support technology development and business solutions for Starbucks globally.
CEO Brian Niccol has set a target of cutting $2 billion in costs by the end of fiscal 2028 to improve profitability and returns from the retail network.
