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Starbucks to cut 6,700 jobs, close 300 stores

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January 30, 2009, 01:39:37 PM
Coffee retailer's profit dropped 69 percent in its fiscal first quarter.

SEATTLE - Starbucks Corp. said Wednesday that it would cut as many as 6,700 jobs as it closes hundreds more stores and eliminates more positions at its corporate headquarters.


http://www.msnbc.msn.com/id/28898855/
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