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Old 01-24-2009, 03:23 PM
 
Location: Tennessee/Michigan
28,965 posts, read 50,056,302 times
Reputation: 21095

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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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Old 01-26-2009, 07:55 PM
 
Location: Rockland County New York
2,984 posts, read 5,423,701 times
Reputation: 1295
I guess that a grande in terms of job losses?
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Old 01-26-2009, 08:40 PM
 
1,111 posts, read 4,376,059 times
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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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Old 01-27-2009, 12:21 AM
 
Location: Upland, CA
3,875 posts, read 6,967,198 times
Reputation: 4514
Quote:
Originally Posted by danameless View Post
I read a article last week that many analysts believe that Starbucks will be one of the companies that will fail this year.
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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Old 01-27-2009, 10:23 AM
 
Location: Loving life in Gaylord!
4,121 posts, read 8,114,903 times
Reputation: 3906
Gee, heres an idea...lower your prices!
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Old 01-27-2009, 10:27 AM
 
1,369 posts, read 2,088,931 times
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Quote:
Originally Posted by michmoldman View Post
Gee, heres an idea...lower your prices!

My father in law calls them "Fivebucks"
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Old 01-27-2009, 10:30 AM
 
Location: TX
274 posts, read 217,264 times
Reputation: 100
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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