AI-assisted summary
Starbucks is closing 1% of its U.S. and North American locations as part of its "Back to Starbucks" strategy.
The company will also cut about 900 non-retail jobs, with affected employees receiving severance packages.
These changes are part of a plan to invest in store upgrades, increase staffing during busy hours, and improve customer service.
Recently, Starbucks also announced the closure of 80 to 90 "Pick Up" only stores across more than 20 states.
Starbucks is closing 1% of its locations in the U.S. and North America and the company will cut about 900 jobs as part of its Back to Starbucks transformation strategy, CEO Brian Niccol told employees Thursday, Sept. 25.
The specialty coffee chain will close specific locations "where we’re unable to create the p