Monday, August 04, 2008

Starbucks cuts 1,000 management positions, 180 layoffs in Seattle


SEATTLE -- Starbucks is cutting 1,000 management positions as part of its plan to cut costs and transform the coffee company.
CEO Howard Schultz announced the cuts today to employees.
A Starbucks spokeswoman in Seattle, Bridget Baker, says 550 of the positions are layoffs and the other jobs being cut are unfilled positions. She says 180 of the layoffs are the headquarters and regional offices in Seattle. The rest are at other Starbucks offices around the world.
This is in addition to jobs that are being lost at the 600 coffee shops Starbucks is closing in the United States.
Earlier today Starbucks also announced it's closing 61 stores in Australia.

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