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] 2 points 4 days ago

doesn't look like they have said anything about that. Costco has until the 31st to respond. I'll keep searching but the teamsters website only says they plan to strike. didn't have a lot of information. we'll know in 10 days I suppose.