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

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

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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] 8 points 5 days ago (1 children)

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)

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

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!