Tag Archives: Starbucks

Starbucks Corp. has announced plans to eliminate 1,100 corporate jobs as part of a restructuring strategy aimed at increasing efficiency and accelerating the company’s turnaround. The job cuts, representing about 7% of Starbucks’ global corporate workforce, will not affect employees working in company-operated stores, warehouses, or production facilities.

In a significant development, Starbucks employees in several US cities began a five-day protest on December 20, 2024, citing unresolved issues over wages, staffing, and working conditions. The protest, which resulted in the closure of Starbucks cafes in Los Angeles, Chicago, and Seattle, is set to expand to other cities like Columbus, Denver, and Pittsburgh by December 24, according to reports from Reuters.

Tata Consumer Products has strongly refuted a recent report claiming that Starbucks is planning to exit the Indian market due to high costs, losses, and growing competition from local coffee chains. The report, published on December 19 by Rajasthan-based media outlet The Philox, suggested that Starbucks could soon shut down operations in India, citing price-sensitive Indian consumers’ preference for cheaper local substitutes and the coffee chain’s struggle to turn significant profits in the country.

In a remarkable demonstration of the rapid advancements in quick commerce, a Bengaluru resident received a laptop at a Starbucks outlet in just 13 minutes, thanks to Flipkart Minutes, a new service recently launched in select areas of the city.

Varanasi, March 31, 2024: The recent opening of a Starbucks outlet in Varanasi, Uttar Pradesh, has caused quite a stir as a viral video showed a significant crowd queuing outside the coffee house. The video, shared on social media, has sparked a debate on coffee culture and consumer behavior in smaller towns.