From Popular to Pariah:

Mar 26, 2024 - 13:18

 Starbucks' Descent into Public Disfavor Over the past two months, the value of Starbucks assets has witnessed a staggering decrease, amounting to $12 billion. Newsweek reported on the arduous weeks endured by Starbucks Corporation in the immediate aftermath of October 7. According to observers, the unprecedented plunge in the share value of this coffee chain can be attributed to a complaint lodged by Starbucks officials themselves against the Starbucks labor union, denouncing its support for the Palestinians. The senior officials at Starbucks expressed opposition to the stance adopted by their employees, which in turn incited international public outrage. This general indignation throughout the world led to a campaign calling for the boycott of Starbucks, most notably in Middle Eastern countries.