Comment on Starbucks continues to be terrible

cubism_pitta@lemmy.world ⁨1⁩ ⁨month⁩ ago

• hopesdead@startrek.website ⁨1⁩ ⁨month⁩ ago

  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! sprudge.com/starbucks-would-prefer-you-dont-think…

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• Evil_Shrubbery@lemm.ee ⁨1⁩ ⁨month⁩ ago

  Yes, but that’s irrelevant, just an accidental “post-” fact.

  I think more relevant basic math is that the got a 2.6% bonus in terms of annual net income.

  The other 97.4% of labour just goes to shareholders (“landlords” of the financial system).

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• Clent@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

  🍽️🤑

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