17,000 Costco Workers to Strike

OfTheCross

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17,000 Costco Workers to Strike

One place that Payday won’t be going this weekend is Costco. Currently, the Teamsters are locked in a tough contract battle against the mega-retailers. On June 21st, Teamsters voted to strike with 93% of all Costco workers voting to strike.

“Don’t be fooled by Costco’s ‘worker-friendly’ image in the public. There’s a new executive team running the show now and they want to make Costco like all the other profit-hungry wholesalers,” said Mike Bergen, Local 166 Secretary-Treasurer and Chair of the Teamsters Costco National Negotiating Committee in a statement. “Costco made record profits during the pandemic—billions in 2021 alone—yet they are refusing to share their success with the employees who make them profitable. They don’t seem to care about their workers anymore.”

For more, check out the Teamsters webpage
 

dora_da_destroyer

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Went to the webpage and it’s the same announcement. What exactly are they asking for? I know firsthand from family about how great Costco was as an employer, would love to know what might be cut by or what workers don’t feel they’re getting from the new team
 

OfTheCross

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Costco union representatives' letter has raised tensions among users. The letter indicates that Costco representatives have lowballed employees' wages, and the union intends to fight for better-negotiated salaries. In the meantime, union representatives encourage members to disregard any rumors the company has put forward regarding their meetings.

Users jumped in to voice their complaints about Costco's current wages and business practices. One Redditor noted that, while Costco may still pay employees more than its competition, they don't shine when it comes to letting staff take time off. Others argue that the pay for CEOs and other executives has steadily risen while the employees' wages have remained stagnant — and that this needs to change.

Furthermore, others complained that the company's hazard pay doesn't nearly cover the work that they do, which is why the union's letter partially mentions the fight for the solidification of Costco workers' status as essential workers. Other Redditors noted that the raises don't match inflation and that this needs to change. Only time can tell how the negotiations between Costco and the union will pan out, but in the meantime, employees are still waiting for higher wages.

Read More: Why Costco Employee Unions Are Furious, According To Reddit - Mashed
 

mastermind

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Costco workers and Costco reached an agreement:

Oct 21 (Reuters) - The Teamsters union, representing more than 18,000 workers, said it had ratified on Friday a national contract with Costco Wholesale Corp (COST.O).

The first-ever national agreement provides members with significant wage improvements over the next three years and a substantial increase in pension contributions by Costco, the International Brotherhood of Teamsters said in a statement.

In June, the union had rejected the company's initial contract offer by a vote of 93%, the union said.
 
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