Howard Schultz Reveals Steve Jobs' Pivotal Advice for Starbucks
Former Starbucks CEO recounts how Jobs' intense directive to overhaul leadership shaped the company's future.
- In 2008, Steve Jobs advised Howard Schultz to fire his entire executive team at Starbucks.
- Schultz initially thought Jobs was joking but followed the advice, resulting in a major leadership change.
- The decision came during Schultz's second tenure as CEO, amid financial challenges for the company.
- Schultz stepped down in 2023, with Laxman Narasimhan taking over as CEO.
- Starbucks continues to face challenges, including unionization efforts and a cautious consumer market.