Company/Organisation:
Starbucks Corporation
Geographic Location
Country:
World
Company
Sector:
Hotel / restaurants
Accomodation and food service activities
56.2 - Event catering and other food service activities
Number Employed:
176000
Employment Effects
Announcement Date:
30-01-2009
Planned Job Reductions min:
6700
Planned Job Reductions max:
6700
Type of Restructuring:
Internal restructuring
Foreseen End Date:
31-12-2009
Additional Information
Sturbucks Corporation, US-based international coffeehouse chain, has announced that it is to cut 6,700 jobs worldwide (out of approximately 176,000) with the closure of 300 stores, including 200 in the United States. Starbucks plans to eliminate about 6,000 store jobs and 700 corporate jobs, including about 350 at its corporate headquarters in Seattle. The job losses are attributed to a massive decline in Starbucks' sales in recent quarters.
Sources:
30-01-2009Hospodárske noviny
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