Costco, Teamsters reach tentative agreement, avert strike in 6 states

Costco Teamsters represents more than 18,000 employees. In all, there are 219,000 workers at 616 U.S. stores, according to company filings. Its revenue was $254.3 billion in 2024 with net …

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Costco, Teamsters Reach Tentative Agreement, Avert Strike In 6 States

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Costco Teamsters represents more than 18,000 employees. In all, there are 219,000 workers at 616 U.S. stores, according to company filings. Its revenue was $254.3 billion in 2024 with net …

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Costco Strike: ‘Tentative Agreement’ Reached With Teamsters To …

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22 hours ago · The Brief. Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike. Costco reported net income of $7.36 billion, double its …

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Costco Workers In Five States Move To Strike

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Jan 21, 2025 · The Teamsters covered by the Costco national contract represent up to 8% of the 219,000 workers in 616 Costco stores The Issaquah, Wash.-based retailer also set records …

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Will Costco strike be averted?

Feb. 1 (UPI) -- The Teamsters Union said Saturday a strike at 56 Costco membership club stores across six states has been been averted, one day after the wholesale club announced pay for non-union workers nationwide will rise to between $20 and $30 per hour. ...

Will Costco Teamsters get a new contract?

The Teamsters on Saturday posted on X: "BREAKING: The Costco Teamsters National Negotiating Committee has reached a tentative agreement for a new contract. Additional details will be shared soon. The tentative agreement will be presented to the membership for a vote. ...

When did Costco become a union?

The union originally represented Price Club workers, and Costco acquired the chain in 1993 Costco opened its first warehouse store in 1983 in Seattle. ...

Will Costco raise top pay?

Earlier Friday, Costco sent a letter to all employees at non-union stores announcing it was raising top pay by a dollar an hour, to $30.20 this year and another dollar an hour each of the next two years. Starting pay would be raised by 50 cents an hour to $20, according to a memo from Chief Executive Officer Ron Vachris. ...

Why did a union strike on Jan 20?

The union, which authorized a strike on Jan. 20, had demanded better wages and benefits, along with seniority pay, paid family leave, bereavement policies, sick time and safeguards against surveillance. The old agreement expired at 11:59 p.m. PST Friday, ...