Starbucks to Hire 10,000 Refugees Over 5 Years, According to Activist Founder Schultz

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By Douglas A. McIntyre Updated Published
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Starbucks to Hire 10,000 Refugees Over 5 Years, According to Activist Founder Schultz

© courtesy of Starbucks Corp.

[cnxvideo id=”655415″ placement=”ros”]In a reaction to the new Trump refugee ban, departing Starbucks Corp. (NASDAQ: SBUX) CEO and founder Howard Schultz said the company will hire 10,000 refugees worldwide over the next five years. In a message to workers titled “Living Our Values in Uncertain Times,” he also laid out several related initiatives.

The Starbucks network of stores is vast, a total of 25,734 in 75 countries, which makes the plan appear realistic. The coffee retailer employs over 191,000 people. Founded in 1971, Starbucks is still growing fast in terms of numbers of locations added per year.

Schultz is not a stranger to activism. He has criticized gridlock and partisanship in Washington and attacked polarized race relations.

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In his message, Schultz wrote:

There are more than 65 million citizens of the world recognized as refugees by the United Nations, and we are developing plans to hire 10,000 of them over five years in the 75 countries around the world where Starbucks does business. And we will start this effort here in the U.S. by making the initial focus of our hiring efforts on those individuals who have served with U.S. troops as interpreters and support personnel in the various countries where our military has asked for such support.

There is no coincidence that the United States is the first country for the program. Schultz said as much, reacting to the ban. He also pointed out that Starbucks employs 7,000 Mexicans.

Schultz also said Starbucks will support employee health benefits, despite attacks on Obamacare.

Schultz has never reacted to the question about whether his stances cost Starbucks customers. The rapidity of his response to a U.S. ban on refugees shows that he does not care about the customer issue, at least in this case.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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