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01-24-2009, 03:23 PM
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CD News Reporter
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Join Date: Jan 2007
13,132 posts, read 8,220,427 times
Reputation: 5297
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News, Starbucks may cut 1,000 more jobs: report.
LOS ANGELES (Reuters) - Coffee chain Starbucks Corp could cut another 1,000 jobs in the coming weeks, according to a report in the Seattle Times on Saturday.
The latest cuts could include employees at its Seattle headquarters, district managers and field employees but not the so-called baristas, who serve customers, said the report, which cited a client note from an analyst at McAdams Wright Ragen.
Starbucks may cut 1,000 more jobs: report | U.S. | Reuters |
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01-26-2009, 07:55 PM
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Senior Member
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Join Date: Jun 2007
Location: Rockland County New York
2,989 posts, read 931,517 times
Reputation: 1049
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I guess that a grande in terms of job losses?
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01-26-2009, 08:40 PM
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Senior Member
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Join Date: Oct 2008
972 posts, read 431,992 times
Reputation: 441
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I read a article last week that many analysts believe that Starbucks will be one of the companies that will fail this year.
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01-27-2009, 12:21 AM
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Senior Member
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Join Date: Jul 2008
Location: San Antonio, TX
1,072 posts, read 589,666 times
Reputation: 552
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Quote:
Originally Posted by danameless
I read a article last week that many analysts believe that Starbucks will be one of the companies that will fail this year.
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Do you happen to have a link, or what magazine that may have been in.
I find it hard to believe that could happen, someone would take them over I would think, because it is such a strong brand name, one of the most recognizeable in the world.
Of course, if they did, I would have a lot more disposable income |
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01-27-2009, 10:23 AM
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Senior Member
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Join Date: Nov 2008
Location: mid michigan
880 posts, read 433,603 times
Reputation: 615
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Gee, heres an idea...lower your prices!
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01-27-2009, 10:27 AM
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Senior Member
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Join Date: Mar 2008
509 posts, read 185,439 times
Reputation: 373
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Quote:
Originally Posted by michmoldman
Gee, heres an idea...lower your prices!
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My father in law calls them "Fivebucks"  |
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01-27-2009, 10:30 AM
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Senior Member
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Join Date: Jan 2009
Location: NC
257 posts, read 35,634 times
Reputation: 87
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This is another bad sign for the economy. Starbucks is a trend-setter when it comes to booming business areas. If there's a successful neighborhood, there's a Starbucks. Studies have shown that when a Starbucks opens, business increases in the surrounding area -- not only for Starbucks. Their competitors' revenues increase as well.
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