Economics

488 readers

53 users here now

founded 2 years ago

298

Costco's unionized workers vote to authorize nationwide strike (abcnews.go.com)

submitted 5 days ago by [email protected] to c/[email protected]

19 comments fedilink hide all child comments

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."

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 34 points 5 days ago (1 children)

They absolutely are compared to the American average, but I'm not sure if they are great amongst other 1st world nations

[–] [email protected] 8 points 5 days ago

I have never come across someone working for an american company in America that is on better benefits. Sure they have great sounding things and sometimes huge wages, at a high level the US pays more. But I speak to people who work 10 extra hours a week so the can take five days altogether in the summer. I have to take a two week block during the summer and I then have 3 wreks to play with after that