Jul
29
Schultz Announces 1,000 More Job Cuts at Starbucks
Posted in: Uncategorized
CHICAGO (AdAge.com) — Starbucks CEO Howard Schultz said the coffee retailer will cut 1,000 jobs in addition to those resulting from the 600 store closures announced earlier this month. It's unclear how many marketing personnel will be affected, but those familiar with the matter said some groups are facing double-digit cuts in what's being described internally as a "bloodbath."
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