Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Business

Starbucks barista strike expands as workers demand pay raises

by admin December 27, 2024
December 27, 2024
Starbucks barista strike expands as workers demand pay raises

A Starbucks barista strike is expanding to 5,000 workers at what organizers said was more than 300 stores in 45 states, just as the company’s busy holiday stretch begins.

Though it still represents only about 3% of all U.S. Starbucks locations, it’s an expansion of an action that began last week in three cities.

Organized by the Service Employees International Union and Starbucks Workers United, the strike aims to draw attention to allegations of unfair labor practices and stalled negotiations over a contract that would cover thousands of workers. The workers are seeking an immediate increase in Starbucks’ minimum hourly wage by as much as 64% and over 77% over the life of a three-year contract.

“After all Starbucks has said about how they value partners throughout the system, we refuse to accept zero immediate investment in baristas’ wages and no resolution of the hundreds of outstanding unfair labor practices,’ Lynne Fox, president of the Workers Union, said in a statement. ‘Baristas know their value, and they’re not going to accept a proposal that doesn’t treat them as true partners.”

Starbucks said only around 170 Starbucks stores did not open as planned. It said 98% of its over 10,000 company-operated stores and nearly 200,000 employees continued to work as normal.

In a memo to employees posted by the company, a Starbucks executive called the union’s demands ‘not sustainable’ and touted the overall benefits package workers can receive, noting employees who work at least 20 hours a week get $30 an hour, on average, in combined pay and benefits.

‘The union chose to walk away from bargaining last week,’ said Sara Kelly, a Starbucks executive vice president. ‘We are ready to continue negotiations when the union comes back to the bargaining table.’ 

Starbucks enjoyed a surge in investor sentiment after it poached Chipotle CEO Brian Niccol to be lead it in August, though its share price has declined in recent weeks alongside the broader market pullback.

Niccol has pledged to negotiate with the union in good faith, though his previous tenure at the burrito chain was marked by at least two settlements with workers demanded by the National Labor Relations Board.

This post appeared first on NBC NEWS

previous post
Zelenskyy lambastes Putin over Christmas strikes: ‘What could be more inhumane?’
next post
What is the January Effect? (Updated 2024)

Related Posts

Klarna lands buy now, pay later deal with...

March 21, 2025

Kroger chairman and CEO resigns following investigation into...

March 4, 2025

Tesla’s robotaxi launch in tech-friendly Austin has Musk...

June 4, 2025

This California startup is cleaning water and removing...

June 6, 2025

On air, ’60 Minutes’ reporter says ‘none of...

April 29, 2025

Target rolls back DEI initiatives, the latest big...

January 26, 2025

What’s Turo? The ‘Airbnb of cars’ was used...

January 4, 2025

As Trump eyes more tariffs, South Korea remains...

February 15, 2025

Amazon taps Xbox co-founder to lead new team...

May 31, 2025

Google forcing some remote workers to come back...

April 24, 2025

Recent Posts

  • The Best Five Sectors, #26
  • US champions Lebanon’s response to Hezbollah disarmament, hints at Abraham Accords opportunity
  • Liberal critics question why architect of failed Biden foreign policy is advising ‘Project 2029’
  • Sen. Steve Daines says regime change is the best long-term plan in Iran
  • Bondi under siege after DOJ reveals no Epstein client list

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Best Five Sectors, #26

    July 8, 2025
  • US champions Lebanon’s response to Hezbollah disarmament, hints at Abraham Accords opportunity

    July 8, 2025
  • Liberal critics question why architect of failed Biden foreign policy is advising ‘Project 2029’

    July 8, 2025
  • Sen. Steve Daines says regime change is the best long-term plan in Iran

    July 8, 2025
  • Bondi under siege after DOJ reveals no Epstein client list

    July 8, 2025
  • Over 158 million Americans voted in 2024 as Trump reclaimed the White House

    July 8, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (443)
  • Investing (1,505)
  • Politics (1,865)
  • Stocks (633)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 © 2025 bullhedging.com | All Rights Reserved