Should Stock Market Investors Buy Starbucks Stock As It Lays Off Workers and Closes Stores?

Core Insights - Consumers are increasingly dissatisfied with premium-priced coffee, often citing poor customer service as a contributing factor [1] - Starbucks has announced layoffs and store closures as part of a strategy to revitalize the company under new leadership [1] Company Summary - The new CEO of Starbucks is implementing measures to address the company's struggles, which include workforce reductions and the closing of underperforming locations [1] - The stock price of Starbucks was noted to be down 0.47% as of the afternoon of September 24, 2025 [1] Industry Summary - The coffee industry is facing challenges as consumer preferences shift away from high-priced offerings, indicating a potential need for companies to reassess their pricing and service strategies [1]