6:09 pm, July 25th | by Hillary Reinsberg
And today in bad juxtapositions: the founder of Starbucks regains billionaire status, just as Chilean employees of the coffee chain walk out because they’re paid wages so low they can’t afford to eat lunch. Well then. That doesn’t look very good now, does it?
According to The Wall Street Journal, unionized Starbucks workers in Chile went on strike on July 7, saying their wages of $2.50 are so low they can’t afford to pay for lunch. Even worse, those wages haven’t gone up in 8 years. Meanwhile, Forbes reported on Friday that thanks to rising stock prices, Starbucks founder and CEO Howard Schultz became a billionaire again for the first time since 2007.