Tuesday, Sep 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Business

1,000 Starbucks jobs added to planned cuts

SEATTLE Starbucks Corp., which plans to shut 600 stores, said yesterday it will cut almost 1,000 nonstore jobs as part of its bid to boost profit by cutting costs.

Of the new cuts, 550 are layoffs and the rest are unfilled jobs. The cuts are in addition to the layoffs from the store closures, although not all employees at stores that are closing will lose their jobs.

In a letter to employees yesterday, Chief Executive Officer Howard Schultz said about 70 percent of employees in stores to be closed have been transferred to other sites.

As of September 2007, Starbucks had more than 172,000 employee worldwide.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…