Saturday, January 24, 2009

Report: More Layoffs at Starbucks

by Calculated Risk on 1/24/2009 04:19:00 PM

From the Seattle Times: More layoffs expected at Starbucks

Another big round of layoffs is expected at Starbucks, possibly 1,000 people — a third of its headquarters employees — and some district managers and field employees, according to an e-mail sent to a stock brokerage's customers Friday.

"The cuts might be next week or in February," wrote Diane Daggatt, a managing director at McAdams Wright Ragen in Seattle.
The story doesn't mention any more store closings - although apparently no "barista jobs are in jeopardy".