Starbucks

  • Key Takeaways Remote work is either on its way out or companies are vastly underestimating how attached their employees are to working in their slippers. A handful of recent workplace reports reveal the schism. On one hand, there are the strident cries of corporate suits demanding workers return to the office at big companies like…

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  • Starbucks fires CEO after sales decline

    Starbucks has suddenly replaced its chief executive after the company suffered a bigger-than-expected drop in sales. The coffee chain’s board announced on Tuesday that Laxman Narasimhan had departed the firm “effective immediately”. They said Brian Niccol – the boss of burrito chain Chipotle – would soon take his place. It comes following mounting pressure and…

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  • Starbucks Corporation, the popular American coffee company and coffeehouse chain, has revealed its plan to establish more stores around China. The company says about 10,000 jobs will be available in the next five years as it expects to establish over 1,400 retail shops. Founded in Seattle, Washington (1971),  Starbucks operates at 23,768 locations worldwide, as of…

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