January 23, 2009

Big layoffs expected at Starbucks

Filed under: Retail,US — 7macaw @ 5:42 pm
Tags: , ,

Another big round of layoffs is expected at Starbucks, possibly as many as a third of its headquarters employees as well as some district managers and field employees, Diane Daggatt, a managing director at McAdams Wright Ragen in Seattle, wrote in an e-mail to the brokerage’s customers today.

“The cuts might be next week or in February,” she wrote.

Source: The Seattle Time

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