Starbucks CEO Kevin Johnson told CNBC’s “Squawk on the
Street” that the coffee giant will continue paying its workforce for the next
30 days as “stay-at-home” orders remain in effect for many around the world,
due to the coronavirus pandemic. The company has reopened over 95% of stores in
China, including sites in Wuhan and the Hubei province, which CNBC’s Jim Cramer
points to as evidence that the coronavirus outbreak has indeed slowed in China.
Starbucks employs 191,000 people in the U.S., approximately 183,000 of which
work in company-operated stores and another 8,000 of which work in support
facilities, store development facilities, and roasting, manufacturing,
warehousing and distribution operations.