US News Today: Starbucks, the world-famous coffee company, has announced it will close hundreds of stores and lay off 900 workers. The decision is part of a new plan to improve the company’s business and focus on locations that are performing well.
The closures will mostly affect stores with low sales or those in areas where there are many other Starbucks locations. The company says it wants to invest more in drive-thru and digital services, which have become more popular since the pandemic.
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For the 900 workers losing their jobs, Starbucks promises to offer support, including help finding new work and severance pay. The company says it values its employees and will do everything possible to help them during this transition.
Customers may notice some changes, such as fewer stores in certain neighborhoods and more focus on mobile ordering. Starbucks says it will continue to serve high-quality coffee and create a welcoming environment for everyone.
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This move is part of a larger trend in the food and beverage industry, as companies adapt to changing customer habits and economic challenges. While the news is difficult for affected workers, Starbucks hopes the changes will make the company stronger in the long run.