The War on Remote Work [Forbes]
Starbucks Corporation (SBUX)
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Source: Forbes
The Department of Government Efficiency (DOGE), 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 war on remote work - especially if government workers quit as a result of the initiative. While Forbes reports that only 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 war on 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. Accord
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SBUX
Earnings
- 10/30/24 - In-Line
SBUX
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- 11/21/24 - Form 8-K
- 11/21/24 - Form 144
- 11/20/24 - Form 4
- SBUX's page on the SEC website