Planned Starbucks strikes in 3 cities could spread nationwide during crucial holiday shopping season [CBS News]
Starbucks Corporation (SBUX)
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Source: CBS News
The strikes, which would come a day after online retail giant in the crucial final shopping days the season, are scheduled to begin in Los Angeles, Chicago and Seattle and could spread to hundreds of stores across the country by Christmas Eve. Starbucks Workers United, the union that has organized workers at 535 company-owned U.S. stores since 2021, said Starbucks has failed to honor a to reach a labor agreement this year. The union also wants the company to resolve outstanding legal issues, including hundreds of that workers have filed with the National Labor Relations Board. The union noted that Starbucks' new Chairman and CEO Brian Niccol, who , could make more than $100 million in his first year on the job. But the company recently proposed an economic package with no new wage increases for unionized baristas now and a 1.5% increase in future years, the union said. "Union baristas know their value, and they're not going to accept a proposal that doesn't treat them as true p
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SBUX
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- 10/30/24 - In-Line
SBUX
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- 12/3/24 - Form 4
- 11/29/24 - Form 144
- 11/25/24 - Form 144
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