Had to get the money from somewhere. Just like Trump. Fire a bunch of workers for the tax cut payments to billionaires. Like clockwork.
this post was submitted on 12 Mar 2025
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This is the guy that commutes from LA to Seattle on a private jet?
Yeah, same guy who fired nearly everyone at the Chipotle corporate office in Denver so he didn't have to commute.
I'm just amazed no one goes Luigi when shit like that happens...
That's.....man I hope you're wrong as that's awful.
In 2018 Niccole laid off 400 at the Denver and New York locations so that HQ could be relocated to Newport Beach, where he lived at the time.
That was just the 400 FTEs. There were also lost of contractors that were affected as well! Most people don't count them since they could have been let go for any reason.
Of course that wasn't the official reason he gave. He hired a management consultant group to do a study of where all the top restaurant talent was in the country. Surprise, surprise, all the criteria they were given led them to narrow down the ideal location for the corporate headquarters to be right next to his house in Newport Beach.
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OC to Seattle, but yes. The guy didn't want to relocate from Newport Beach, so they bought him a jet to make his weekly "commute."
Wasn't it daily commute?
Iirc he flies up Monday, stays in the corporate penthouse during the week, then flies back Thursday or Friday. I'll be honest I haven't kept up on it as I really don't care lol, I just remember the article from a few months or whatever back.
Makes more sense.
96 million could pay the salaries of basically 2000 baristas
Probably how they determined the amount of the bonus. His idea, he got a cut.
So weird to pay someone that much.
Just some fun basic math for everyone...
$96 million / 1000 (workers) = $96,000
🍽️🤑
Want a worse number? Back in 2019, the price of commodity was at less than a $1. Starbucks, at the time made up 3% of the world’s production. They decided to give $20m to their farmers. Did it help? Well based on available financial data at the time, $20m was approximately single afternoon’s profit for the company. A SINGLE FUCKING AFTERNOON! https://sprudge.com/starbucks-would-prefer-you-dont-think-too-hard-about-that-20m-relief-fund-151839.html
Yes, but that's irrelevant, just an accidental "post-" fact.
I think more relevant basic math is that he got a 2.6% bonus in terms of annual net income of the group.
The other 97.4% of labour just goes to shareholders ("landlords" of the financial system).
Just so people are aware, Starbucks was caught buying from farms in Brazil multiple times that used slave labor. In Guatemala, along with Nestle, were caught buying from farm(s?) that used child labor.
EDIT: On top of this the company partnered with Conservation International to certify the farms met the company’s standards. The incident in Brazil saw CI trying to coverup the certification of that farm. Also CI is involved with arms dealing.
EDIT 2: Their retail products have the claim “100% Ethically Sourced”. That is a lie.
Their retail products have the claim “100% Ethically Sourced”. That is a lie.
That all depends on which ethical code you're referencing for your statement. I 100% believe that Starbucks sources according to their corporate ethical standards.
That's not how words work. Don't give them an inch, even as a joke.
I am unable to find a news report now, but I am certain I read one back in 2018 or 2019. I believe that Conservation International (an organization that helped develop the C.A.F.E. standard the company uses) was discovered covering up the certification of one of the farms in Brazil. As I remember reading, that a farm was at the time listed somewhere as being certified but after slave labor was discovered, CI uncertified the farm and attempted to claim it failed to meet the C.A.F.E. standards, thus never was awarded certification. They weren't saying the certification was revoked; it never had any.
Do you have a source for that? I want to read more about it.
Here are three different reports regarding three different instances in Brazil. https://news.mongabay.com/2019/05/slave-labor-found-at-second-starbucks-certified-brazilian-coffee-farm/
https://news.mongabay.com/2018/09/slave-labor-found-at-starbucks-certified-brazil-coffee-plantation/
Here is one on the Guatemala incident. https://www.theguardian.com/business/2020/mar/01/children-work-for-pittance-to-pick-coffee-beans-used-by-starbucks-and-nespresso
Awesome, thank you! Support local coffee shops, people!!!
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Remember when Ford had an amazing performance growth, made record profits, then laid off a huge amount of people and moved more business overseas. Nothing like capitalism to fire you when you're down and fire you when you're up!
Or sharing profits among the leeches when it's going great, but when shit goes down they are begging for help from government and firing people. How about you not instantly take out profits but you build resillience through reserves and preparation? Lol, who am I kidding, milk the cow till it's dry and then make beef patties when it stops giving milk.
So who will be the next Luigi?
I'm hedging my bets on a Mario. Let's a go! 🎲🎲
If someone Luigi's him, they better spell his name wrong on the bullets.
that's very witty, well done