Starbucks To Eliminate Another 1,000 Positions
By Staff Reporter of the Sun | July 30, 2008
Christopher Furlong / 2008 Getty Images
NORTHWICH, UNITED KINGDOM - JULY 03: The Starbucks logo hangs outside one of the company's cafes in Northwich on 3 July, 2008 in Northwich, England.
Starbucks Corp in the US recently announced that it plans to close 600 company-operated stores in the country which represent about 7% of Starbucks' global workforce. Many UK consumers are beginning to cut back on luxuries as the global credit crunch begins to bite.
