"Starbucks layoffs start with 1,370" by Associated Press | February 12, 2009
NEW YORK - Starbucks Corp. told about 1,370 employees yesterday their jobs will be cut as the gourmet coffee company sheds costs by closing stores and laying off workers....
The layoffs come after the company in January posted fiscal first quarter results, and said it would cut up to 6,700 jobs to pare costs by closing more stores....
How come we DON'T GET the FIGURES? They MAKE PROFIT did they?
"Net income for the quarter fell to $64.3 million...."
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