Comment on Starbucks continues to be terrible
finitebanjo@lemmy.world 1 day ago
Just for perspective here,
1000 * $15/hr = $15,000 / hr $96,000,000 / $15,000 / hour = 6,400 hours 6,400 hours / 40 hours / week = 160 weeks 160 weeks / 52.17857 weeks / year = 3.0663929655412174 years
They could afford to keep those employees on for another 3 Years with that amount.
QualifiedKitten@discuss.online 1 day ago
Was it baristas that were laid off or office workers? Minimum wage for their corporate headquarters is a bit over $20/hour, and I’d suspect very few corporate employees are making only minimum wage.
finitebanjo@lemmy.world 1 day ago
That might be fair, but “laid off” has the sort of vibe to it that they didn’t get to choose. Also, the federal minimum wage is $7.25 and the minimum wage in Washington state, where starbucks HQ is located is $16.66 so yeah definitely would have to rework the math based on location of the layoffs.
QualifiedKitten@discuss.online 1 day ago
Agreed, just trying to point out that if the laid off employees were corporate, not retail, the $15/hr assumption is probably pretty low. If retail, those could be spread across the country, and $15/hr is probably pretty generous. Starbucks HQ is in the city of Seattle, which has an even higher minimum wage than the state (I think $20.76/hour now?).