Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

Starbucks barista strike expands as workers demand pay raises

by admin December 27, 2024
December 27, 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

0
FacebookTwitterGoogle +Pinterest
previous post
Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
next post
What is the January Effect? (Updated 2024)

Related Posts

Kraft Heinz to split into two companies

September 3, 2025

Starbucks announces several changes, including plans to cut...

January 31, 2025

Hasbro says it’s taking steps to offset China...

February 22, 2025

Palm Beach housekeepers are making $150,000 a year...

May 24, 2024

Rate cuts before the year’s end could make...

July 12, 2024

Wayfair CEO likens home goods slowdown to 2008...

August 2, 2024

Prada Group says it has purchased fashion rival...

December 4, 2025

Trump Media stock drops 5% after quarterly loss...

August 14, 2024

Cava revenue beats estimates as Mediterranean chain reports...

May 17, 2025

Four minors found working at Alabama poultry plant...

May 21, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Recent

    • Dem Senate primary erupts in key state as candidate teams up with radical streamer: ‘America deserved 9/11’

      April 8, 2026
    • Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat

      April 8, 2026
    • White House unleashes on Stacey Abrams in latest clash over Trump’s election order

      April 8, 2026
    • Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges booting him out of office

      April 8, 2026
    • Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit

      April 8, 2026

    Categories

    • Business (1,197)
    • Investing (4,252)
    • Politics (5,326)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.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 © 2026 sportinvestorsleague.com | All Rights Reserved