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  2. Financial

Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs

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05 March 2024
Financial
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Weekly_030724 - Starbucks

Business & Finance

Reuters exclusively reported[1] that Gulf retail giant Alshaya Group, which owns rights to operate Starbucks in the Middle East, plans to layoff over 2,000 people as the business suffers from consumer boycotts linked to the Gaza war.

Read more https://www.reutersagency.com/en/reutersbest/article/starbucks-middle-east-franchisee-alshaya-to-cut-over-2000-jobs/

  • Previous Article US regulators expected to significantly reduce Basel capital burden
  • Next Article Indian firms look to bet big on coal-fired power after long absence

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