The corporate decision to hire 10,000 refugees in direct opposition to Trump’s executive order to temporarily stop the influx of immigrants was really bad for business.
The Political Insider has this to say:
The Political Insider reported that Schultz penned a letter to his employees blasting the president and pledged that Starbucks would hire 10,000 refugees in response to the temporary travel limitations. In his letter, the CEO opined “We are living in an unprecedented time, one in which we are witness to the conscience of our country, and the promise of the American Dream, being called into question.”
Well, after Schultz’ anti-Trump rant, not only have we seen people across the county boycotting Starbucks, but Starbucks’ stock has tumbled 8% since Friday, according to CNN Money:
Since Schultz’ official comments on Sunday, Starbucks’ stock has declined 3.47%.
And the public erupted on Twitter. They weren’t any too happy to have their POTUS blasted by the coffee exec.
— Slowly but (@shirlmercy) January 30, 2017
— Marilynn Randall (@emjayr1942) January 30, 2017
— ❤️MAGA????Mama❤️ (@tteegar) January 30, 2017