• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Starbucks barista strike expands as workers demand pay raises
Editor's Pick

Starbucks barista strike expands as workers demand pay raises

by December 26, 2024
by December 26, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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
You Might Also Like
  • Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
  • Are fears of a shoplifting surge running away from the facts?
  • FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
  • Rural town braces for Tyson plant closure as manufacturing booms elsewhere
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Is this Bounce a Robust Rebound or a Dead-Cat Bounce?
next post
Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

You may also like

TD Bank pleads guilty in money laundering case, will pay...

October 10, 2024

‘Make Bitcoin Great Again’: Trump and GOP’s presence looms over...

July 29, 2024

Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at...

February 17, 2025

Chase online banking issue causes double transactions and fees

June 6, 2023

Trump Media stock erases all gains since it began trading...

April 11, 2024

GM lays off 1,000 employees amid reorganization and cost-cutting

November 16, 2024

Trump Media shares sink to new post-merger low after presidential...

September 12, 2024

Chrysler and Dodge parent recalling 318,000 vehicles over potentially faulty...

March 26, 2024

College protesters want their schools to divest from ties to...

April 26, 2024

This small Missouri city could cash in on the eclipse....

April 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent Posts

    • U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

      June 12, 2025
    • 10‑Year Yield Warning! ADX + RSI Point to a Major Shift

      June 11, 2025
    • U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

      June 11, 2025
    • Walmart is using its own fintech firm to provide credit cards after dumping Capital One

      June 11, 2025
    • Unlocking Stock Market Insights: Identify Global Opportunities with StockCharts’ Market Summary

      June 10, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,839 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,543 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,525 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,506 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,383 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,128)
    • Investing (538)
    • Stock (2,605)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • U.S. online stores put up ‘out of stock’ signs as...

      June 12, 2025
    • 10‑Year Yield Warning! ADX + RSI Point to a Major Shift

      June 11, 2025
    • U.S. online stores put ‘out of stock’ signs as Nintendo...

      June 11, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,128)
    • Investing (538)
    • Stock (2,605)

    Disclaimer: RoundTableThoughts.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 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Home buyers to be spared automatic...

    March 16, 2024

    Workers wrested a seat at the...

    December 28, 2023

    EBay to eliminate about 1,000 jobs,...

    January 24, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here