Starbucks to cut up to 12,000 jobs, close 600 stores - Yahoo! News

Starbucks to cut up to 12,000 jobs, close 600 stores - Yahoo! News: "Starbucks to cut up to 12,000 jobs, close 600 stores 40 minutes ago

LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O) said on Tuesday it plans to close another 500 underperforming stores and eliminate as many as 12,000 full- and part-time positions, lifting shares nearly 6 percent."