Facing severe challenges
Posted: Tue Feb 18, 2025 2:53 am
Back in February, the union reached a framework agreement with Starbucks to guide organizing and collective bargaining. The two sides began negotiations based on the framework in April, aiming to resolve issues including several outstanding legal disputes.
The union said in a statement issued on the evening of December 19 that since making the commitment in February, the company has publicly stated many times that it will reach a contract by the end of the year, but so far, it has not put forward any sincere economic proposals to employees.
However, regarding this strike, Starbucks said that this week's bargaining meeting was ended "prematurely" by the union.
It is regrettable that the union did not return to the bargaining usa phone number list table even though we had made some progress. We stand ready to continue negotiations to reach an agreement, but we need the union to return to the bargaining table.
As the world's largest coffee chain, Starbucks has had a challenging year this year sales have declined.
According to the latest financial report, Starbucks' operating revenue in the fourth quarter of fiscal year was US$9.07 billion, a yearonyear decrease of 3.2%; net profit was US$910 million, a yearonyear decrease of 25.4%. For the entire fiscal year , the company's total revenue was US$36.18 billion, an increase of 0.6% yearonyear; net profit was US$3.76 billion, a decrease of 8.8% yearonyear.
The union said in a statement issued on the evening of December 19 that since making the commitment in February, the company has publicly stated many times that it will reach a contract by the end of the year, but so far, it has not put forward any sincere economic proposals to employees.
However, regarding this strike, Starbucks said that this week's bargaining meeting was ended "prematurely" by the union.
It is regrettable that the union did not return to the bargaining usa phone number list table even though we had made some progress. We stand ready to continue negotiations to reach an agreement, but we need the union to return to the bargaining table.
As the world's largest coffee chain, Starbucks has had a challenging year this year sales have declined.
According to the latest financial report, Starbucks' operating revenue in the fourth quarter of fiscal year was US$9.07 billion, a yearonyear decrease of 3.2%; net profit was US$910 million, a yearonyear decrease of 25.4%. For the entire fiscal year , the company's total revenue was US$36.18 billion, an increase of 0.6% yearonyear; net profit was US$3.76 billion, a decrease of 8.8% yearonyear.