Starbucks announces $1B restructuring plan, layoffs and store closures

you. Let's turn to Starbucks this morning, as you might know, announcing plans to cut some corporate jobs, close some North American stores as part of the company's broader turnaround efforts. Let's get to Kate Rogers, who brought us that news earlier this morning.Morning again, Kate. Good morning, Carl. So, Starbucks announcing a $1 billion restructuring plan this morning in an SEC filing, adding that it will lay off some 900 non- retail employees and, as you said, closed stores.The number of company opera ...