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]

Remote Work Policy Update - Starbucks is updating its remote work policy, requiring corporate employees in Seattle, Toronto, and North America regional offices to work in the office a minimum of 4 days a week, Monday through Thursday [1] - The new policy will be effective from the new fiscal year [1] - CEO Brian Nickel believes in-office presence enhances collaboration, problem-solving, and culture building, which are crucial for the business turnaround [2] Employee Transition Support - Starbucks is offering a one-time voluntary exit program with a cash payment for corporate partners who choose to opt out of the new in-office requirement [2] Stock Performance - Starbucks' stock is down today but up approximately 2% year-to-date [3]