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".