Starbucks to cut 6,700 jobs and shut 300 stores as profits plunge
By Staff, 29 January 2009, 09:20am
NEW YORK - Coffee shop chain Starbucks is cutting 6,700 jobs and shutting 300 underperforming stores after reporting a 69% fall in profits during the first quarter of the year.
To continue enjoying this article, please sign in below. You can register for free, giving you limited further access to news, or subscribe now for full access to all our content. View our subscription options.
Subscribe now for full access to the Brand Republic Group
(Brand Republic, Campaign, Marketing, Media Week, PRWeek)
Or
- Project Manager - London - Production House - up to £30K, Profiles Creative
- £25000 - £30000 per annum, London
- Mid Weight Digital Project Manager, Digital Gurus
- £38000 - £40000 per annum, London
- Customer Strategy & Insight Manager, Ad Lib
- Up to £65K+exceptional bens, Swindon
- Senior Digital Designer, Digital Gurus
- £40000 - £45000 per annum, London
News By Email
Marketing Daily News : Preview
