Costco Faces Potential Strike as Teamsters Demand Better Contract

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Costco Faces Potential Strike as Teamsters Demand Better Contract
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Teamsters members at Costco voted to potentially strike on January 20th if a new contract agreement isn't reached by Friday's deadline. The union argues that Costco's recent sales and profit growth warrant a contract reflecting its success. Costco stated it is negotiating in good faith and has always treated employees fairly.

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Union members say the Issaquah, Washington, company needs to make a contract offer that reflects its sales and profit growth. Costco's revenue rose 5% to $254 billion in its most recent fiscal year, which ended Sept. 1."Costco has two choices: respect the workers who made them a success or face a national strike,” Teamsters General President Sean O’Brien said in a statement. “Costco Teamsters deserve an industry-leading contract that reflects the company’s massive profits.

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