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Non-Tech : Starbucks (SBUX)

SBUX 80.87

-2.7%

Oct 31 9:30 AM EST

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Glenn Petersen

From: Sr K	4/13/2022 5:31:20 PM
	1 Recommendation of 1506

Starbucks Prepares to Expand Worker Benefits That Might Exclude Unionized Staff CEO Howard Schultz argues company can provide better benefits without unionization at forum with U.S. store leaders A Starbucks in Buffalo, N.Y., whose staff has voted to unionize.PHOTO: LIBBY MARCH FOR THE WALL STREET JOURNAL By Heather Haddon Apr. 13, 2022 1:06 pm ET Starbucks Chief Executive Howard Schultz is ramping up the company’s campaign against a unionization push in its U.S. stores, saying new benefits being developed for chain employees legally can’t be extended to unionized locations. In an online forum with U.S. store leaders this week, Mr. Schultz said he is reviewing the company’s benefits to develop an expanded employee-benefit package in an effort to better recruit and retain baristas. Mr. Schultz suspended billions of dollars in share buybacks on his first day returning as Starbucks’s interim CEO last week, a move he said would help the company invest more money into workers and stores. Exc.

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