The Union said on Saturday that Costco and The Teamsters Union reached an initial agreement on a new contract, and avoid the strike.
TEAMSTERS spokesman Matthew Macquit confirmed the agreement, which must be approved by members. The details of the agreement were not immediately available. The Associated Press left a message seeking a comment with Costco.
The TEAMSTERS Union is 18,000 COSTCO workers in six states: California, Washington, Maryland, Virginia, New Jersey and New York. In general, Costco has 219,000 American employees and 617 American stores. The company said that the work agreement with the Teamsters team applies to less than 10 % of those stores.
On January 20, Teamsters members voted in Costco with an overwhelming majority in favor of a strike if a new agreement was not reached for a period of three years by midnight on Friday, when the current contract ended.
The members of the Federation wanted to make Issaquah and Washington a contract offer that reflects its sales and growth. COSTCO’s revenues increased by 5 % to $ 254 billion in its last financial year, which ended on the first of September. The company told a net income of 7.36 billion dollars, twice its profit in 2019.
“Costco Teamsters is worth a pioneering contract in the industry that reflects the profits of the huge company. Public President Tifers Sean O’Brien said in a statement,” If Coststo believes that they can use our members while wandering in billions, we will close them. “
Comments are closed, but trackbacks and pingbacks are open.