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]

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 ...

Khosrowshahi goes on to say employees need to push themselves so the company "can move faster and take smarter risks" and outlined several changes to Uber's work policy. Uber in 2022 established Tuesdays and Thursdays as "anchor days" where most employees must spend at least half of their work time in the company's office. Starting in June, employees will be required in the office Tuesday through Thursday, according to the memo. That includes some employees who were previously approved to work remotely. The ...