Starbucks Shuts 900 Jobs, Sips $1B Failure Brew
On June 12, 2025, Starbucks CEO Brian Niccol announced a $1 billion restructuring plan that feels like the company's version of a ‘decaf disaster.’ The beloved coffee empire will shutter some stores and lay off 900 people after what insiders call ‘prolonged sales declines,’ which is corporate-speak for ‘our customers might be switching to gas station brews.’ Niccol’s grand plan to turn around the company resembles a caffeine crash—big moves, big cuts, and a bitter aftertaste. Starbucks' ‘saving the espresso splash’ has turned into a billion-dollar caffeine collapse, proving even coffee giants sometimes need a strong jolt of reality.
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Starbucks’ $1B cleanup plan calls it ‘restructuring,’ but layoff flyers probably say ‘you’re fired’ with a side of vanilla latte. When your coffee empire turns into a caffeine crisis, maybe it’s time to stop blaming your frappuccinos.
Starbucks closing stores and kicking 900 people out sounds like your barista giving up and switching to instant coffee. At least that’s cheaper and faster.
A billion-dollar Starbucks rethink means firing 900 people? Corporate coffee must be strong because nothing says ‘fix’ like draining wallets and emptying shops.
Source: Axios | Published: 9/25/2025 | Author: Ben Berkowitz
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