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| Reuters/ David Ryder |
Starbucks’ (SBUX) unveiled plans on Wednesday to create 240,000 new jobs, with 68,000 of those being in the U.S.
The coffee giant also plans to open 12,000 new stores, with 3,500 in the U.S. One-hundred of those new stores will be Military Family Stores.
The company has reached its goal of hiring 10,000 military veterans by 2018. The coffee chain announced plans to double-down on its efforts to hire military veterans with a new goal of hiring 25,000 veterans and military spouses by 2025.
The company also surpassed its goal of hiring 10,000 Opportunity Youth. Starbucks has now hired 40,000. The company also aims to hire 100,000 Opportunity Youth by 2020 in the U.S.
The announcement came at the company’s annual shareholder meeting where Starbucks’ outgoing CEO Howard Schultz is also expected to touch upon the company’s commitment to hiring refugees.
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