Starbucks has fired its Indian-origin CEO, Laxman Narasimhan, after a sharp decline in revenue and a 25% drop in stock prices under his leadership.

After Laxman Narasimhan was let go, Brian Niccol, the former CEO of Chipotle, has been named as the new CEO, causing the stock price of Starbucks to jump by 25%. Brian Niccol had impressive track record at Chipotle, where he doubled revenue and increased profits 7X, and this has sparked optimism. Was firing Laxman Narasimhan the right decision for Starbucks? Can Brian Niccol revive the world's largest coffeehouse chain?

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