this post was submitted on 20 Jan 2025
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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] 19 points 5 days ago (1 children)

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...

[–] [email protected] 7 points 5 days ago

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