Di Yi Cai Jing Zi Xun·2025-09-26 08:29Group 1 - The core message of the article is that Starbucks is implementing a restructuring plan to support its "Return to Starbucks" initiative, which includes closing certain stores and reducing staff [2] - The CEO Brian Niccol announced the closure of underperforming stores that do not meet customer expectations or financial performance [2] - Approximately 900 positions will be eliminated as part of this restructuring effort, with most store closures expected to be completed by the end of the current fiscal year [2] Group 2 - The company estimates that the restructuring will incur costs of about $1 billion, with 90% of these costs attributed to North America [2] - Of the total restructuring costs, approximately $150 million is expected to be related to employee separation benefits, and around $400 million will be associated with the disposal and impairment of store assets [2] - This marks the second round of layoffs under CEO Brian Niccol, who previously announced the elimination of 1,100 positions in February [3] Group 3 - Starbucks reported total revenue of $9.456 billion for the third fiscal quarter of 2025, reflecting a year-over-year growth of 3.8%, while net profit decreased by 47.1% to $558 million [3] - The company is also considering the sale of its China operations, with a valuation estimated between $5 billion and $6 billion [3]