Starbucks Moving Jobs To China?
Filed in archive News by Greg Cruey on July 18, 2008
Starbucks is closing 600 U.S. outlets and giving 12,000 U.S. employees the axe. U.S operations doubled in just four years, but economic hard times had hit the gourmet coffee industry hard in the U.S.
In China though, according to Bloomberg, Starbucks expects "to gain as more-affluent Chinese are drawn to gourmet coffee."

© booizzy
So is this the same thing as "moving jobs to China?" Hmmm. It's not quite like outsourcing. I can't get a cup of coffee here that was brewed in China (and if I could, I probably wouldn't want it by the time it got here). I guess it's just two separate markets that, for the moment, are going in the opposite direction...
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