Starbucks Aims for Union Talks and Agreements in 2024

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Source: Yahoo Finance
Starbucks Aims for Union Talks and Agreements in 2024
Photo: Yahoo Finance
TL;DR Summary

Starbucks has reached out to the union representing its stores in an effort to resume contract talks and resolve the ongoing conflict. The company aims to complete bargaining and ratify contracts in 2024. The union has received the letter and will respond after reviewing it. Starbucks and Workers United have disagreed on ground rules for meetings, including the participation of workers via videoconference. The coffee chain has faced allegations of illegal anti-union tactics, while Starbucks denies wrongdoing and claims the union is refusing to negotiate in good faith. Recent flashpoints include a strike by baristas and a lawsuit between Starbucks and Workers United. Despite posting positive financial results, concerns have emerged over Starbucks' sales.

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