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Starbucks union pressures board members with billboards, posters – and a butter sculpture - TL;DR CNBC

Starbucks union pressures board members with billboards, posters – and a butter sculpture

Publishing timestamp: 2023-04-03 12:00:01


Summary

Starbucks Workers United is targeting the CEOs of Nike, Land O'Lakes, and LEGO, who are all members of Starbucks' board, with attention-grabbing stunts in hopes of pressuring the coffee chain to accept a union. Nearly 300 Starbucks cafes have voted to unionize, but the company has yet to agree on a contract with any unionized stores. The baristas accuse management of dragging their feet and not negotiating in good faith. The planned actions come as Starbucks faces more attention for its alleged union busting, including a recent third-party probe into the company's commitment to workers' rights.


Sentiment: NEGATIVE

Tickers: NKESBUX

Keywords: businesslabor economystarbucks corpbreaking news: businessretail industryrestaurantshoward schultzpersonnelbusiness newsnike inc

Source: https://www.cnbc.com/2023/04/03/starbucks-union-pressures-board-members.html


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