Plan to hire refugees hurting Starbucks brand: Credit Suisse
Starbucks' decision to employ 10,000 refugees in protest against US President Donald Trump's travel ban is having a negative impact on its sales and brand, financial services major Credit Suisse said. After Trump's announcement, Starbucks said it would start hiring refugees worldwide and focus on immigrants in the US. The company's hiring policy started a #BoycottStarbucks movement on Twitter.