Starbucks CEO Howard Schultz tells corporate workers to return to the office 3 days a week

Starbucks CEO Howard Schultz tells corporate workers to return to the office 3 days a week


Howard Schultz

David Ryder | Reuters

Starbucks corporate employees will be returning to the office at least three days by the end of the month.

Starting Jan. 30, employees within commuting distance will be required to report to the coffee giant’s Seattle headquarters on Tuesdays, Wednesdays and a third day decided on by their teams. The memo didn’t specify what qualified as commuting distance.

Workers closer to regional offices will also be required to come in three days a week, although the specific days aren’t mandated.

The coffee giant’s corporate workforce has been working remotely since the start of the pandemic. In September, Starbucks asked those workers to work from the office one to two days a week. But CEO Howard Schultz wrote in a memo to employees on Wednesday that badging data showed employees weren’t adhering to that.

The new policy is meant to “rebuild our connection to each other and synchronize teams and efforts,” said the memo from Schultz, who is departing the company this spring. He also compared corporate workers’ continued remote work to baristas, who never had that option.

Schultz stepped in as interim chief executive in April after former CEO Kevin Johnson retired. In his third stint at the company, he has announced a $450 million plan to reinvent Starbucks and fix what he called “self-induced mistakes.”

Starbucks isn’t the only company to mandate a stricter return-to-office policy recently. Bob Iger, returning for his second term at Disney, told employees on Monday that they must return to the office. Elon Musk set higher expectations for in-office attendance at Twitter after he acquired the social media company. And Apple mandated employees return to work three days a week back in September.



Source

Trump says he could send National Guard to airports ‘for more help’
Business

Trump says he could send National Guard to airports ‘for more help’

President Donald Trump said he’s considering sending the National Guard to U.S. airports, two days after the administration sent Immigration and Customs Enforcement agents to several major U.S. airports following hourslong waits for travelers because of the partial government shutdown. In a Truth Social post on Wednesday, Trump blamed Democrats for the shutdown, which began Feb. 14. […]

Read More
JLL CEO says growth is now uncertain in the Middle East
Business

JLL CEO says growth is now uncertain in the Middle East

Key Points JLL has a major footprint in the Middle East, managing and leasing properties in Dubai and Abu Dhabi in the United Arab Emirates and in Riyadh, Saudi Arabia. CEO Christian Ulbrich said the business impacts of the Iran war depended on how long the conflict lasted. “It’s a tragedy from a point that […]

Read More
Home flippers see smallest profits since the Great Recession, real estate data firm says
Business

Home flippers see smallest profits since the Great Recession, real estate data firm says

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Higher […]

Read More