---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-25-000067"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:43:45.191120+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Starbucks approves $1B restructuring; 900 job cuts and store closures planned

## Summary
- Board approved plan on Sept 23, 2025; total charges ~$1B, 90% in North America.
- Approximately 900 non-retail partner roles eliminated; severance and support offered.
- Company-operated store count in NA to decline ~1% net in FY2025, ending ~18,300 total locations.
- Charge breakdown: $150M employee separation, $400M asset impairment/disposal, $450M lease costs.

## SEC filing metadata
- accession: 0000829224-25-000067
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922425000067/0000829224-25-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922425000067/sbux-20250923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-25-000067
- JSON: https://secwatch.observer/filing/0000829224-25-000067.json
- Plain text: https://secwatch.observer/filing/0000829224-25-000067.txt

## Key facts
- Restructurings & Charges
  STARBUCKS CORP announced a restructuring with charges of approximately $1 billion affecting North America business.
  - Type: restructuring
  - Charge: approximately $1 billion
  - Affected area: North America business
  source text: organization. The Company expects that a majority of the store closures will be completed by the end of this fiscal year. The Company estimates that it will incur approximately $1 billion related to the store closures, support organization transformation, and other restructuring activities, with 90% of the expenses attributable to the North America business. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922425000067/0000829224-25-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.