The Guardian Australia ·general ·2 hours ago

Starbucks CEO calls nine dollar coffee affordable amid massive pay disparity

Starbucks CEO Brian Niccol drew criticism for calling a $9 coffee "really affordable" during a cost-of-living crisis, telling the Wall Street Journal that customers view premium drinks as special experiences regardless of income level. Niccol earned $96 million in his first four months at the company, making 6,666 times more than typical employees.

Summary by Glance · The Guardian Australia

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