As the Russia-Ukraine war continues, Starbucks has decided to leave Russia permanently. Employees in the country, which number about 2,000, will get paid for six more months. Starbucks will also help them look for new jobs outside of the company. ☕
Last week, the burger chain said that it is selling its Russia business after operating for more than 30 years in the region. McDonald's said that the"humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald's to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald's values.
McDonald's later announced that it has entered into an agreement to sell the business to an existing licensee, who will open the restaurants with new branding.At the time, Starbucks' then-CEO Kevin Johnson said"we condemn the horrific attacks on Ukraine by Russia and our hearts go out to all those affected."The-CNN-Wire & 2022 Cable News Network, Inc., a Time Warner Company. All rights reserved.
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