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Starbucks employees to return to the office four days a week or take a payout
CNBC Television· 2025-07-14 18:34
Remote Work Policy Update - Starbucks is updating its remote work policy, requiring a minimum of four days in the office, Monday through Thursday, across Seattle, Toronto, and North America regional offices [1] - The new policy aims to reestablish the in-office culture to improve collaboration, creativity, problem-solving, and culture building [1] - Starbucks is offering a one-time voluntary exit program with a cash payment for partners who choose to opt out of the new policy [2] Stock Performance - Starbucks' stock is up approximately 2% year-to-date [2]
Starbucks updates remote work policy, will shift to four days a week in office
CNBC Television· 2025-07-14 17:53
Welcome back. We've got a news alert on Starbucks. Kate Rogers, what's happening.Hi, Kelly. Starbucks updating its remote work policy beginning in the new fiscal year. It's going to shift from 3 days in office to a minimum now of 4 Monday through Thursday across Seattle and Toronto as well as its North America regional offices.More details will come before October. In an email to partner, CEO Brian Nickel wrote, quote, "We are reestablishing our in-office culture because we do our best work when we're toget ...