Starbucks closes 61 shops, cuts 700 jobs

1points Posted 117 days, 3 hours ago by Bronwen

ALMOST 700 employees of the coffee chain Starbucks will lose their jobs on Sunday after the company yesterday announced the closure of 61 of its 84 Australian stores.

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Source: http://business.smh.com.au/business/starbucks-closes-61-shop…

Comments

Yes because Starbucks is “Moving foward” according to their CEO … FAIL!

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Did you read that they have set up a “save starbucks” website in America. If you don’t sell the product, how can you compete? Personally i have only had starbucks 2 times, and that was because i was in a hurry to catch a bus or held hostage, as they were only ones around.

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