The Ashaya Group (AG), one of the biggest franchises in the world, that also operates Starbucks in the Middle East, and other famous outlets, has decided to lay off thousands of people due to intense boycotts from Muslims.
Starbucks’ support for Israel has triggered a row of boycotts, that not just led to layoffs of people but also a significant drop in sales.
AG planning to lay off 2,000 employees to recover from the high losses that the company is facing.
The percentage of employees laid off accumulates to 4% of Alshaya’s total workforce.
AG Group is mainly active with Starbucks in the MENA region. The region where the boycott is strongest.
WhatsApp Channel
Google News
Instagram
Facebook
X (Twitter)
Support the officially authentic Islamic website.
Support our mission to spread Islamic knowledge. Your donation helps our volunteer writers and infrastructure. Contribute now.
Discover more from The Islamic Information
Subscribe to get the latest posts sent to your email.
