“Starbucks reported what’s perhaps the worst set of results of any large company so far” this quarter, said Adam Crisafulli, an analyst with Vital Knowledge, in a note. William Blair downgraded its…
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Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs, sources say
Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people, according to an exclusive Reuters report quoting people familiar with…