{
    "success": true,
    "data": {
        "id": 2001151,
        "msgid": "starbucks-to-close-250-outlets-preparing-for-mass-layoffs-1790308377",
        "date": "2026-09-25 10:00:00",
        "title": "Starbucks to Close 250 Outlets, Preparing for Mass Layoffs",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Business",
        "summary": "Starbucks has announced plans to close approximately 250 underperforming stores in North America as part of a strategic business recovery effort. The restructuring, led by CEO Brian Niccol, is expected to incur costs of around US$300 million, including severance payments for affected staff.",
        "content": "<p>Starbucks has announced that it will close approximately 1% of its\ncafe outlets in North America. At least 250 underperforming stores will\nbe affected by this policy, out of a total of 18,000 outlets.<\/p>\n<p>Management stated that this is part of a business recovery effort.\nUnder the leadership of CEO Brian Niccol, Starbucks has been\nrestructuring its US operations with a focus on enhancing the customer\nexperience, including direct interaction within its cafes.<\/p>\n<p>\u201cWe have carefully reviewed our coffee store portfolio in North\nAmerica and identified locations that we believe cannot consistently\nprovide the experience we desire for our customers and partners, or\nlocations that do not have adequate financial performance prospects,\u201d\nwrote Starbucks Chief Operating Officer, Mike Grams, in a letter\naddressed to employees, as reported by CNBC International on Friday\n(25\/09\/202&lt;0xC2&gt;6).<\/p>\n<p>The document noted that most of the closures will be completed before\nthe end of the 2026 fiscal year. Starbucks\u2019 fiscal year ends at the end\nof this month.<\/p>\n<p>For the 2026 fiscal year, Starbucks projects a net opening of 440 new\nstores, a decrease from previous estimates of between 600 and 650\nlocations. These new stores will be opened in international markets.<\/p>\n<p>\u201cThe company continues to see significant long-term growth\nopportunities in North America and is actively developing a robust plan\nfor new coffee store openings,\u201d Starbucks stated in an official company\nreport.<\/p>\n<p>Meanwhile, the company expects to incur restructuring costs of\napproximately US$300 million (IDR 5.28 trillion) related to these\nclosures. About US$200 million of this cost relates to early lease\nterminations and severance payments for employees.<\/p>\n<p>The remainder, amounting to US$100 million, consists of non-cash\ncosts. This stems from the impairment and write-down of the company\u2019s\nrestaurant assets.<\/p>\n<p>This policy is certain to impact workers through redundancies. In May\n2026, Starbucks laid off approximately 300 corporate employees in the US\nand closed several regional offices, following a similar decision made\nin September 2025.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/starbucks-to-close-250-outlets-preparing-for-mass-layoffs-1790308377",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}