Alshaya Group, a Kuwait-based franchise operator with the rights to operate Starbucks in the Middle East, plans to cut 2,000 jobs across the region “due to the continually challenging trading conditions over the last six months. Lumentum No. of Employees to be Laid off: 750 Industry: Teleco...
Elsewhere in the world, the scene was being set for the 1973 oil crisis, during which gas shortages plagued America, as major global oil suppliers like Saudi Arabia, Iraq, and Kuwait temporarily banned shipments. This came in response to the Six-Day War between Israel and Egypt, Syria, and...