Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Business

Starbucks barista strike expands as workers demand pay raises

by December 26, 2024
December 26, 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
Is this Bounce a Robust Rebound or a Dead-Cat Bounce?
next post
‘Squad’ Dems demand end to US investigation into anti-Israel weapons embargo

Related Posts

‘Shark Tank’ alum Bombas taps former Under Armour...

May 16, 2025

White House aims to make it easier for...

August 12, 2024

Home sales slipped unexpectedly in April despite big...

May 23, 2024

U.S. foreign tax bill sends jitters across Wall...

May 30, 2025

USPS resumes shipments from China in abrupt about-face

February 5, 2025

Surging grocery prices have settled down, but shoppers...

August 15, 2024

Hims & Hers Health says it will offer...

May 22, 2024

Restaurants are rebounding — but Starbucks and McDonald’s...

January 29, 2025

Reddit co-founder Alexis Ohanian takes minority stake in...

May 16, 2025

‘Moana 2’-led Thanksgiving box office could be best...

November 27, 2024

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Latest News

    • Zelenskyy to meet with Trump in Washington, DC following US-Russia talks

      August 16, 2025
    • Democrats doubt Trump will secure Ukraine cease-fire in Alaska summit with Putin

      August 16, 2025
    • ‘Absolutely incredible’: B-2 bomber, F-35 escort set stage for Trump-Putin talks in Alaska

      August 16, 2025
    • Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth

      August 16, 2025
    • Lyft co-founders to step down from ride-hailing firm’s board

      August 16, 2025
    • Hawley opens probe into Meta after reports of AI romantic exchanges with minors

      August 15, 2025

    Categories

    • Business (1,350)
    • Politics (6,752)
    • Stocks (904)
    • World News (461)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.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 insidersadvisor.com | All Rights Reserved