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Starbucks Corp. announced another round of layoffs, possibly 1,000 people — a third of its headquarters employees — and some district managers and field employees, according to The Seattle Times in Seattle, Wash.
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Editor's Insight: Big successful companies are taking all necessary measures to ensure their profitability. They give refreshment service operators a good example to follow.
All vending, coffee service and onsite foodservice operators should review their business plans and make whatever changes are needed to sustain profitability.
During the fall National Automatic Merchandising Association Expo in St. Louis, Mo., consultant Brad Bachtelle in his keynote address told operators to immediately reduce 10 percent of their operating costs. Operators do not have the option of waiting to see what the competition does before making changes in their operations. 01-26-09 by Elliot Maras
