Starbucks is set to lay off roughly 900 non-retail employees and close some U.S. and Canadian stores as part of a turnaround plan, according to the Associated Press.
The Seattle coffee company said it will notify affected employees early Friday and offer them severance and support packages.
A letter sent by Starbucks CEO Brian Niccol on Thursday said a review of Starbucks locations found that many are falling short of financial performance targets or failing to create the environment customers expect.
The company anticipates ending its fiscal year with 18,300 stores in North America, down 124 from last year.
