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

FanDuel parent Flutter reports disappointing fourth-quarter earnings
Business

FanDuel parent Flutter reports disappointing fourth-quarter earnings

FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC […]

Read More
The NBA doesn’t just want to build a European basketball league — it wants to revolutionize the international pro game
Business

The NBA doesn’t just want to build a European basketball league — it wants to revolutionize the international pro game

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBA Commissioner Adam Silver has a new pet project with grand ambitions — […]

Read More
State Farm announces  billion dividend; 0 average refund coming to car insurance customers
Business

State Farm announces $5 billion dividend; $100 average refund coming to car insurance customers

State Farm on Thursday announced a historic $5 billion dividend for its car insurance members, the largest in the mutual insurance company’s 103-year history. “This dividend is possible due to State Farm Mutual’s financial strength and a stronger than expected underwriting performance, which has been reported industry wide,” the company said in a statement. Customers […]

Read More