Starbucks joins McDonald's in exiting Russia
CBSN
Starbucks is making a complete exit from Russia, joining the lengthening list of other corporations departing the country due to its invasion of Ukraine.
The coffee shop chain's licensed partner agreed to suspend operations at its 130 stores in Russia, and the company and will now take its brand out of the market completely, Starbucks announced on Monday. It will offer job assistance and pay its nearly 2,000 workers in Russia for six months, the company added.
"We condemn the unprovoked, unjust and horrific attacks on Ukraine by Russia, and our hearts go out to all those affected," Kevin Johnson told employees in March before retiring as CEO. "The invasion and humanitarian impact of this war are devastating and create a ripple effect that is felt throughout the world.
