Einstein Noah cuts jobs, locks down wheat prices to control costs

LAKEWOOD Colo. Facing escalated operating costs and a huge surge in wheat prices, Einstein Noah Restaurant Group Inc. said it has eliminated certain jobs and locked in its wheat costs for the year in order to help the company achieve the positive results it booked at the end of last year. Einstein, which posted a 12.4-percent increase in fourth-quarter net income and a 6.1-percent jump in revenues, has let go six people in its support center. In addition, 15 district manager positions ...

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