Are Return-To-Office Mandates About Efficiency Or Cutting Costs? [Forbes]
Starbucks Corporation (SBUX)
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Source: Forbes
The Department of Government Efficiency, a nongovernmental governing body headed by Elon Musk and Vivek Ramaswamy, is taking on remote work for government employees. The attempt to reduce the federal workforce is a push against on remote work—especially if government workers quit as a result of the initiative. While 18% of the Fortune 500 companies require 100% full-time in-office work, it's no secret that removing remote work as an option is reducing the workforce . A survey by BambooHR found that a quarter of VP and C-suite executives and a fifth of HR pros admitted to hoping for voluntary turnover after implementing a return-to-office policy. Is the push against remote work a strategy for low-cost layoffs, reducing an over-bloated workforce? Or is it an initiative designed to drive efficiency, collaboration and growth? Making plans for the future of work. Getty Images Workers want remote options now more than ever, according to a survey from Buffer. According to the report,
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SBUX
Earnings
- 1/28/25 - Beat
SBUX
Sec Filings
- 2/14/25 - Form DEFA14A
- 2/14/25 - Form PX14A6G
- 1/28/25 - Form 10-Q
- SBUX's page on the SEC website