Starbucks To Eliminate Another 1,000 Positions
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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.
