Starbucks to shift to four-day work from office from three, says CEO
KING COUNTY, WASHINGTON, JUL 14 – Starbucks aims to boost collaboration and accelerate business recovery with a four-day office workweek, part of a turnaround strategy amid economic challenges, CEO Niccol said.
- Starbucks will require corporate employees to work in the office four days a week starting in early October, as stated by CEO Brian Niccol.
- Starbucks is mandating that all corporate leaders relocate to Seattle or Toronto within 12 months, according to company policies.
- Employees not wishing to relocate will be offered a one-time voluntary exit program with a cash payment, as mentioned by Niccol.
- The new office policy is part of Starbucks' broader 'Back to Starbucks' strategy aimed at enhancing collaboration and business recovery, states Niccol.
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Starbucks to shift to 4-day work from office from three, says CEO
Starbucks CEO Brian Niccol said the coffee giant will require many of its employees to work out of office for a minimum four days a week, from the current three, as part of a new policy expected to kick in later this year.
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Total News Sources18
Leaning Left3Leaning Right4Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 19%
C 56%
R 25%
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