The company’s chief executive, Howard Schultz, marked the 25th annual meeting of shareholders—his last before successor Kevin Johnson takes over—by announcing the creation of 240,000 jobs.
Roughly 68,000 of those jobs will be in the United States, and the goal is part of Starbucks’ plan to open 12,000 new stores around the world (3,400 of those in the U.S.) by 2021.
In a press release, Starbucks touted its accomplishments with its hiring goals:
Starbucks strong financial performance over the last 25 years as a publicly traded company has allowed for strategic investments in social impact initiatives – driving greater connection between partners and the millions of customers it serves in 75 countries worldwide. The company has already reached critical milestones for its hiring initiatives for Veterans, Military Spouses, and Opportunity Youth and announced plans on building on this progress by expanding its hiring goals as it continues to grow the U.S. business. Creating opportunities and building a diverse and inclusive workforce has been critical to meeting the company’s mission to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.