#GreatFallOfChina. That was one of the top trending hashtags on Twitter yesterday, after more than $1 trillion was wiped from Asian markets, sending the Dow plunging again (it closed for the day down 588 points). You could say the recent events have left a number of people … on edge.
This fact did not go unnoticed by Howard Schultz, Starbucks’ chief executive. And he also made sure Starbucks employees were well aware of the situation–all 190, 000 of them.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
In a compelling memo sent yesterday, the billionaire chairman eased employees’ (“partners” in Starbucks-speak) worries and encouraged them to show special consideration for consumers:
Our customers are likely to experience an increased level of anxiety and concern. Please recognize this and–as you always have–remember that our success is not an entitlement, but something we need to earn, every day. Let’s be very sensitive to the pressures our customers may be feeling, and do everything we can to individually and collectively exceed their expectations.
Read the full story at INC. by Justin Bariso
Howard Schultz