Chapter 1367: Ruthless (75/78)
"According to the information we received from Starbucks internally, they will announce another 6,700 layoffs and 300 store closures at the end of December in response to the economic downturn.
According to Starbucks' plan, they will complete the above plan by the end of September next year. This is after the announcement of large-scale layoffs and store closure plans in July, which can have a huge impact on Starbucks again.
In the just-concluded third quarter of the current fiscal year, Starbucks net income fell 69% compared to the same period in the previous fiscal year... ”
Alvitatre introduced the latest news from Starbucks, while Andy quickly skimmed through the documents in his hand.
"In the face of the schadenfreude of critics, the capriciousness of public opinion, and the sharp fall in Wall Street's stock price, I have to say that Schultz's courage is indeed extraordinary.
In a weak international consumer environment, Starbucks must reform and strengthen its business by operating effectively and maintaining its fundamentals and brand value if it wants to continue to pursue its plans for good growth.
I strongly agree that great companies must be accompanied by great management. The impact of a great management on the company is unimaginable, and if he were given time, Schultz would have been successful in bringing change to Starbucks.
It's a pity that I won't give him this time!"
Andy closed the file with a smile on his face, and did not hesitate to praise and praise Howard Schultz, the chairman of Starbucks and the CEO.
Appreciation, now the two sides are on opposite sides, and in the past few months, Andy's subordinates have done almost everything to suppress Starbucks' stock price.
"Closing stores is cutting costs, which has a positive impact on profits – the factor of closing stores is not necessarily negative for market value.
Starbucks has a fundamental backing up, and in any case, if the boss wants to successfully acquire Starbucks, a $5 billion valuation will impress some, and at least more than 50% of the shares will be needed to fully control Starbucks Inc.
After all, Howard Schultz's prestige is very high, and without half of the shares, we may not be able to shake his chairmanship. Alvitatre said with a serious face.
"Well, I know, it's a tiger's mouth, so naturally I have to subdue the tiger and send the news out, tomorrow, I will officially send a takeover offer to Starbucks, and the plan will begin!"
Andy doesn't want to drag it out, Starbucks' acquisition, he will crush the past with sufficient funds to the general trend, the wealth is moving, if you are not tempted, it must be that the money is not in place, and he will continue to use the money to smash it when it falls!
"Good boss. Alvitatre nodded in response with a serious face, he knew that the next period of time might be the most nervous, the most apprehensive, and the most risky period for his boss.
As long as it goes smoothly, his own boss will soar into the sky, becoming an entrepreneur in the world who behaves in the lightest manners, directly controls or intervenes in huge financial resources, and has power in many fields, and he must have a place in the global power list.
"Howard Schultz... ”
Andy's brows furrowed, his eyes narrowed slightly, his fingers tapping on the table like playing a piano, and the name in his mouth.
"When the time comes, talk to him, anyway, you can't manage a coffee chain yourself, you still have to find a CEO, I don't believe that Howard Schultz will refuse to continue as CEO, after all, he will still be a member of the board of directors at the time of the collapse, and his feelings for Starbucks are not ordinary. ”
As Carl, who knows Andy very well, naturally guessed that Andy was thinking about this Howard Schultz, and maybe they would be hostile to each other in the next acquisition process, but it does not mean that after the successful acquisition, they need to continue to be hostile, the key is to see Andy's strength.
"Can be considered. Alvitatre also muttered for a moment, and chimed in, believing that the think tank could help his boss control all the companies.
"I hope that a 'barbarian' like me is very unpopular with the founder of the company, and I hope that Howard Schultz can look at this acquisition calmly and rationally, otherwise I don't mind kicking him out of Starbucks completely!"
Andy nodded solemnly, but the light in his eyes was indeed unusually sharp and firm, and he would not leave the unstable factors by his side.
"Didi-"
At this moment, a short mobile phone prompt sound came from Alvitatl's pocket, and Al did not hesitate to take out a Blackberry from his pocket, glanced at the screen, and said to Andy: "It's Arthur Ranko of Facebook... ”
Andy nodded, this is his own representative on the Facebook board of directors, and at this time, there must be something wrong with sending a message.
"Hehe... ”
Al shook his head and chuckled as he watched the email, causing both Andy and Carl to look at him curiously.
The main reason why Facebook failed to buy Titter for $500 million was that Titter's investors and founders doubted the true value of Facebook's stock, as well as concerns about integration and costs. ”
"Hehe, Xiao Mazi has been slapped in the face. But Twitter is quite persistent, and it has been suppressed like that by my photo wall, and the team has been poached, and it is still so confident, which is really not to be underestimated. ”
Andy first gloated and laughed at Xiao Mazi, but soon his eyes narrowed, his chin touched sharply, and he frowned.
Alvitatre is also smiling, in fact, the reason why Facebook moved the idea of acquiring Twitter, Facebook's internal rumors are that Facebook CEO Mark Zuckerberg is quite disappointed and unhappy with the rise of instagram to take the limelight, according to company insiders, Zuckerberg is very optimistic about the development of Titter, hoping to take it under his command to deal with Andy's photo wall.
Integrating the world's fastest-growing social JIAO website with Twitter's microblogging service is an absolute match made in heaven for Xiao Mazi, and despite Facebook's powerful social JIAO features, its innovation in "status updates" has been surpassed by Titter.
The success of Instagram threatens the status and development of Facebook, which is undoubtedly unacceptable to Xiao Mazi.
Last year, Microsoft invested $240 million to acquire a 1.6% stake in Facebook, bringing Facebook's valuation to $15 billion, and then HK's richest man Li also took a stake in Facebook at this valuation, although the outside world widely believes that this valuation is too high.
But in the latest round of funding, Twitter, which is valued at only $98 million, turned down a $500 million share offer, which to be honest, really surprised me. ”
Hearing his boss's doubts, Alvitre couldn't help but ask: "Twitter's investors and executives have great confidence in the company's revenue. Although Titter has no revenue yet, Arthur has learned from some people familiar with the matter that Twitter is very confident that it can generate revenue and withstand the effects of the recession in time. ”
"Hehe, if Mark really swallows Twitter, relying on Facebook's huge number of registered users, plus Twitter, can indeed generate high communication fees, but now, how can I continue to give them this opportunity to grow and grow!"
Andy picked up the mobile phone on the table with a sneer, and as he spoke, he found the number of the photo wall company and dialed it.
"People who keep digging Twitter!"
The call was connected, and Andy only explained one sentence before ending the call.