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Starbucks to Cut Jobs, Close Stores and Take $1 Billion Hit in Revamp Effort

The coffee chain said it would shutter some underperforming U.S. stores and eliminate 900 corporate jobs as part of a plan to build “a better, stronger and more resilient Starbucks.”

Julie Creswell
Author: Julie Creswell

Written by

Julie Creswell

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Coffee, Coffeehouses, Company Reports, Layoffs and Job Reductions, Niccol, Brian, Shopping and Retail, Starbucks Corporation
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