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Starbucks tells union it wants to resume contract talks in January - TL;DR CNBC

Starbucks tells union it wants to resume contract talks in January

Publishing timestamp: 2023-12-08 14:12:11


Summary

Starbucks plans to resume contract talks with the union representing its baristas in January. No locations have reached a contract with the company in nearly two years since the first unionization of company-owned cafes in the US. The potential restart of talks could resolve the stalemate between Starbucks and the union, which has been a high-profile labor dispute. Both parties have accused each other of failing to bargain in good faith. Starbucks has outlined several conditions to resume negotiations, and the union is reviewing the letter and plans to respond.


Sentiment: NEUTRAL

Tickers: SBUX

Keywords: restaurantsretail industrypersonnelstarbucks corpbusinessbreaking news: businesslabor economybusiness news

Source: https://www.cnbc.com/2023/12/08/starbucks-tells-union-it-wants-to-resume-contract-talks-in-january.html


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