Starbucks announces major restructuring

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Transcript

00:00Starbucks is brewing up a new blend, and it's called corporate restructuring.

00:03The ingredients? 900 job cuts, hundreds of store closures, and a dash of existential

00:08dread.

00:09The company says it's all part of its $1 billion plan to modernize operations.

00:13Fewer cozy corners and more spreadsheets.

00:16Even the sleek new pick-up stores, those minimalist caffeine vending machines for the mobile order

00:20crowd, are getting the boot.

00:21Guess they weren't picking up enough business, huh?

00:24And if you thought your local Starbucks was safe, think again.

00:27The company is now rating stores like reality TV contestants.

00:31Are you profitable?

00:32Do customers like you?

00:33Do you spark joy?

00:34If not, you're voted out of the villa.

00:36Meanwhile, baristas are organizing, unions are rallying, and investors are clutching their

00:40venti lattes like stress balls.

00:42Starbucks says this is about building resilience, but for employees, they're saying it feels

00:46more like a double shot of uncertainty.

00:47So next time you walk into a Starbucks, take a good look around.

00:50It might be your last chance to say goodbye to those comfy chairs, the oat milk, and the

00:54barista who always draws little mustaches on your cup.

00:57Because in this new era of efficiency, even the vibes are getting downsized.

01:00But what do you think?

01:02Are you sipping what Starbucks is serving, or did they spill the syrup?

01:04Let us know in the comments and follow us here for more.

01:12Bye.

01:14Leave again a Inspector 1 from Harry's 56.

01:16See you in ourcaste morning hour.

01:18A Jeffrey more garden.

01:19Let us know what you do here, Schmermer.