Economics

718 readers

167 users here now

founded 2 years ago

299

Costco's unionized workers vote to authorize nationwide strike (abcnews.go.com)

submitted 2 months ago by [email protected] to c/[email protected]

19 comments fedilink hide all child comments

Summary

Over 18,000 Costco workers represented by the Teamsters union voted to authorize a nationwide strike, with 85% supporting the move.

The union demands "fair wages and benefits" after Costco reported $254 billion in annual revenue and $7.4 billion in profits, a 135% increase since 2018.

Teamsters set a January 31 deadline for a new contract, warning of a strike if demands are unmet.

Workers held practice pickets across the U.S., emphasizing their role in Costco’s success and urging the company to negotiate an "industry-leading agreement."

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 11 points 2 months ago

As far as retail goes, it's very likely the best company to work for. That said, it can always be better.