Starbucks will require corporate employees to be on-site four days a week starting in October to enhance collaboration and accelerate business transformation. CEO Laxman Narasimhan announced the new policy, offering a voluntary exit package for those who choose to leave instead of increasing in-office presence. People leaders must relocate to Seattle or Toronto within 12 months, while non-leadership roles will not be required to move. The decision aligns with a trend among major employers like Amazon and Google to reduce remote work. The policy change follows cost-cutting measures and a focus on simplifying operations at Starbucks. The company has approximately 16,000 corporate employees worldwide.

Read more at Nasdaq: Starbucks Expands In-Office Work Mandate, Offers Exit Package For Reluctant Employees