Connect with us

Hi, what are you looking for?

Stock

Starbucks workers’ union authorizes potential US strike

(Reuters) -The workers’ union representing more than 10,000 Starbucks (NASDAQ:SBUX) baristas said they have authorized a potential strike, ahead of this year’s final round of bargaining talks with the coffee giant on Tuesday.

Workers United, which has a bargaining delegation that represents workers at 525 Starbucks stores in the United States, said the coffee giant has yet to bring a comprehensive economic package to the table, while hundreds of legal disputes over unfair labor practices remain unsettled.

The union, which has been urging Starbucks to increase wages and staffing at its stores as well as implement better schedules, said it had not yet decided on when to go on strike.

Starbucks said in emailed statement the union’s move to authorize the strike was disappointing, and that it was committed to reaching a final framework agreement.

Negotiations between Starbucks and Workers United began in April on a “foundational framework” to guide collective bargaining in the country and potentially settle pending legal disputes.

The company said it had scheduled and attended more than eight bargaining sessions with delegates of Workers United since April and had reached 30 agreements on “dozens of topics”.

The previous round of negotiations took place in September, just weeks after former Chipotle Mexican Grill (NYSE:CMG) top boss Brian Niccol’s surprise appointment as Starbucks’ chief.

Ahead of the September talks, Niccol, in response to a letter by some baristas from the bargaining delegation, said he was committed to “engage constructively” with the union.

This week, Starbucks raised its paid paternal leave to up to 18 weeks from 6 weeks for workers at its over 11,000 company-operated stores, which would be applicable from March.

The coffee chain is in the midst of a turnaround as Niccol works to bring back “coffee house culture” at Starbucks by implementing an overhaul of its cafes, by adding more comfortable seating, reducing customer wait time to less than four minutes, and simplifying its menu.

This post appeared first on investing.com






    You May Also Like

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Disclaimer: balanceandcharge.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 balanceandcharge.com