Labor Unions End Proxy Fight at Starbucks, as Both Sides Agree on 'Foundational Framework' for Collective Bargaining

Labor Unions End Proxy Fight at Starbucks, as Both Sides Agree on 'Foundational Framework' for Collective Bargaining

A group of labor unions has ended its proxy fight at Starbucks and withdrawn board nominees. This comes after the unions and Starbucks agreed last week to work toward a "foundational framework" for collective bargaining. The Strategic Organizing Center argued Starbucks' response to unionization efforts had hurt shareholders. But last week's agreement was seen as a turning point and sign of Starbucks making a "good faith" effort to repair worker relations. The labor group emphasized the importance of shareholders keeping a close eye on the Board's performance and Starbucks' labor relations, with a commitment to hold the company accountable in the future.


User: Benzinga

Views: 78

Uploaded: 2024-03-05

Duration: 00:34