- cross-posted to:
- news
- cross-posted to:
- news
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.”
Well, kinda weird turn of events because I swear last few month my feeds have been spammed how great Costco is to their worker.
So I am guessing there were trouble in the paradise and costco paid “influencers” for these segments to soften the American public.
I hope the union gets their demands met, fuck the corpo trash.
Can’t the fact that they have a union that is able to take these sorts of actions serve as proof that they’re already ahead of their competitors? Can’t imagine a similar headline at Walmart, and we know how well unionizing has been going at Amazon…
They are still a mega corp and they have a union because their workers got it done.
I never side with a corpo on issues of labour. They don’t pay me, they pay lobbyist
They are an employer with decent ethics and ok benefits employing low and no skill workers, those arent super common. They are where the minimum standard should be, not the high water mark.
But the workers do have a fair point. 10% of the 7.4 billion profit divided evenly across every costco staff member globally (316,000) would be approximately $2.3k each (round numbers for easy math)
And the only “person” hurt from this are the shareholders lol
So in my book, this is a win win…
God willing they secure their much deserved raise!
This what a class war W looks like folks!
As far as retail goes, it’s very likely the best company to work for. That said, it can always be better.