Skip to playerSkip to main content
  • 23 hours ago
Starbucks will pay about $35 million to more than 15,000 New York City workers and $3.4 million in penalties after investigators found the company denied stable schedules and cut hours in violation of the city’s Fair Workweek law. Regulators said employees rarely received consistent hours, complicating their ability to plan income and commitments. The settlement lands as strikes continue at dozens of Starbucks stores nationwide.

Category

🗞
News
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Starbucks will pay about $35 million to more than 15,000 New York City workers to settle
00:07claims that it denied them stable schedules and cut their hours, according to ABC News.
00:13It will also pay $3.4 million in civil penalties and comply with the city's Fair Workweek law
00:18going forward. A spokeswoman said Starbucks is committed to complying with local laws,
00:24but described New York City's Fair Workweek rules as complex and challenging for retailers to manage.
00:30The city began investigating in 2022 after receiving worker complaints and later expanded
00:35the probe to hundreds of stores. Regulators said employees rarely received regular schedules
00:40and the company cut hours by more than 15 percent, which made it difficult for workers to plan weekly
00:46earnings and outside commitments. The agreement arrives as a nationwide strike continues at
00:52dozens of Starbucks stores. For all things money, visit Benzinga.com.
Be the first to comment
Add your comment

Recommended