this post was submitted on 20 Jan 2025
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Economics

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Costco's unionized workers vote to authorize nationwide strike (abcnews.go.com)
submitted 2 weeks ago by MicroWave to c/economics
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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."

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[–] [email protected] 3 points 2 weeks ago

True that man