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Starbucks CEO vows to hire 10,000 refugees over next 5 years in response to Trump's executive order

Starbucks Chairman and CEO Howard Schultz speaks during Starbucks annual shareholders meeting March 18, 2015 in Seattle. (Stephen Brashear/Getty Images)

Starbucks CEO Howard Schultz announced over the weekend that his chain of coffee stores will hire 10,000 refugees around the world over the next five years.

Schultz made the announcement in a memo to all Starbucks employees Sunday in response to President Donald Trump's executive order late last week temporarily halting the U.S. refugee resettlement program and temporarily barring people from seven Muslim-majority countries from entering the U.S.

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