Starbucks to cut 900 jobs and close dozens of North American stores as sales struggle
1. Starbucks to lay off 900 staff and close 100 cafes in North America. 2. Restructuring plan costs estimated at $1bn, mainly affecting North American operations. 3. U.S. sales have dropped for six consecutive quarters amid inflationary pressures. 4. Union claims layoffs worsen issues at Starbucks, threatening further strikes. 5. CEO emphasizes restructuring to build a stronger, resilient Starbucks.