- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
Over 18,000 unionized Costco employees, represented by the Teamsters, voted overwhelmingly to authorize a nationwide strike if a new contract is not reached by January 31.
Workers demand “fair wages and benefits,” citing Costco’s $254 billion in annual revenue and a 135% profit increase since 2018.
Practice pickets have already begun nationwide.
Union leaders warn that failure to reach a “historic, industry-leading agreement” could result in a strike, with workers emphasizing their role as the “backbone” of the company’s success.
This is general practice when profits grow. It creates leverage for negotiations, but my understanding is Cosco has always been pretty good when that time comes (comparatively).