Starbucks is closing some of its locations throughout North America, including in Canada, and eliminating around 900 non-retail jobs as part of <a data-evt-val="{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;click_source_type&quot;: &quot;click_source_type&quot;, &quot;anchor_text&quot;: &quot;anchor_text&quot;, &quot;target_url&quot;: &quot;target_url&quot;, &quot;layout_section&quot;: &quot;layout_section&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;click_vertical_position_percentage&quot;, &quot;click_vertical_position_pixels&quot;]}}, &quot;click_source_type&quot;: &quot;in-page link&quot;, &quot;anchor_text&quot;: &quot;a $1 billion sweeping restructuring&quot;, &quot;target_url&quot;: &quot;https://www.cnbc.com/2025/09/25/starbucks-restructuring-store-closures-layoffs.html?&amp;qsearchterm=strabucks&quot;, &quot;layout_section&quot;: &quot;in-page-link&quot;}" href="https://www.cnbc.com/2025/09/25/starbucks-restructuring-store-closures-layoffs.html?&amp;qsearchterm=strabucks" rel="noopener noreferrer" data-evt="click" data-evt-typ="click" target="_blank">a $1 billion sweeping restructuring</a>.

The announcement was made by chairman and chief executive officer Brian Niccol in a post made to the Starbucks website on Thursday.{ai:summary}Starbucks will shutter several North American locations, including in Canada.The company is cutting about 900 non-retail jobs as part of a $1 billion restructuring. #economy

Starbucks closures throughout Canada and the U.S. coming due to $1B restructuring, says CEO

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