The Revenue Rises
Trending Now
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
DP Trading Room: Key Support Levels for the...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Retirees ‘stunned’ as market turmoil over tariffs shrinks...
Week Ahead: NIFTY Set To Open Lower; Relative...
Market Drop Compared to 2020: What You Need...

The Revenue Rises

Business

Starbucks union announces strike to last through Christmas Eve in 3 major cities

by admin December 21, 2024
December 21, 2024
Starbucks union announces strike to last through Christmas Eve in 3 major cities

Love Starbucks holiday drinks? This week, you may not get them.

Starbucks Workers United announced baristas will strike starting Friday in three key markets — Seattle, Los Angeles and Chicago. 

The union said the move is in response to the coffee chain’s “failure to bring viable economic proposals to the bargaining table” and “to resolve hundreds of outstanding unfair labor practice charges.”

The union, which started organizing in 2021, represents 525 union stores and over 10,500 union workers, according to its website. Starbucks has nearly 10,000 company-owned U.S. stores, The Associated Press reports.

“Since February, Starbucks has repeatedly pledged publicly that they intended to reach contracts by the end of the year — but they’ve yet to present workers with a serious economic proposal,” the group wrote on X. “This week, less than two weeks before their end-of-year deadline, Starbucks proposed no immediate wage increase for union baristas, and a guarantee of only 1.5% wage increases in future years.”

The group said baristas starting Friday morning will embark on five days of escalating strikes that could spread to other cities through Christmas Eve “unless Starbucks honors our commitment to work towards a foundational framework.”

Starbucks, which is headquartered in Seattle, Washington, told NBC News there has been “no significant impact” to its store operations. 

“We are aware of disruption at a small handful of stores, but the overwhelming majority of our US stores remain open and serving customers as normal,” the company said.

In a Tuesday press release the union said it and Starbucks had announced a path forward earlier this year and have advanced dozens of tentative agreements at the table, but “Starbucks has yet to bring a comprehensive economic package to the bargaining table.”

“Starbucks can’t get back on track as a company until it finalizes a fair contract that invests in its workforce. Right now, I’m making $16.50 an hour. Meanwhile, Brian Niccol’s compensation package is worth $57,000 an hour,” Silvia Baldwin, a Philadelphia barista and bargaining delegate, said in a statement referring to Starbucks’ CEO.

“The company just announced I’m only getting a 2.5% raise next year, $0.40 an hour, which is hardly anything. It’s one Starbucks drink per week. Starbucks needs to invest in the baristas who make Starbucks run,” she added.

A Starbucks spokesperson said Workers United delegates “prematurely ended our bargaining session this week.”

Starbucks argued that it offers a “competitive average pay of over $18 per hour, and best-in-class benefits” such as health care, college tuition, paid family leave, and company stock grants.

“Workers United proposals call for an immediate increase in the minimum wage of hourly partners by 64%, and by 77% over the life of a three-year year contract. This is not sustainable,” the company said.

Starbucks said it is ready to continue negotiations.

It comes as the Teamsters union announced Thursday strikes at several Amazon delivery facilities, amid the peak holiday delivery rush.

This post appeared first on NBC NEWS

previous post
Stock Market Sell Off: Is the Bull Market Over?
next post
OpenAI is done with Shipmas and staring down daunting challenges for 2025

Related Posts

Dropbox slashes 20% of global workforce, eliminating more...

October 31, 2024

Can Starbucks fix long lines at its airport...

November 26, 2024

Even at $8M per Super Bowl commercial, ad...

February 9, 2025

In federal trial, Michael Kors says it’s harder...

September 18, 2024

Why Wall Street thinks Brian Niccol is the...

August 15, 2024

Elon Musk and investors offering $97.4 billion for...

February 12, 2025

Ticketmaster offers four tickets for $80 to selected...

July 20, 2024

U.S. charges former Wamco executive Kenneth Leech with...

November 27, 2024

DOGE plans to wind down consumer protection agency...

March 4, 2025

All Quiksilver, Billabong and Volcom stores to close...

February 7, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • DP Trading Room: Key Support Levels for the SPY
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise

    Popular Posts

    • 1

      Polls show some good early signs for Kamala Harris

      July 26, 2024
    • 2

      Solana and Cardano: Solana is waiting for a new impulse

      July 18, 2024
    • 3

      The presidential race shifts — modestly, so far — toward Harris

      August 6, 2024
    • 4

      Donald Trump’s imaginary and frightening world

      September 23, 2024
    • 5

      DP Trading Room: PMO Sort on Earnings Darlings

      July 18, 2024

    Categories

    • Business (663)
    • Economy (965)
    • Politics (873)
    • Stocks (749)

    Disclaimer: therevenuerises.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 The Revenue Rises. All Rights Reserved.