Thousands of Costco workers prepare to strike with midnight …

5 days ago · Thousands of Costco workers prepared to strike with a midnight deadline drawing closer Friday while the worker’s union and the company negotiated. The Teamsters union …

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Will Costco workers strike at midnight?

Thousands of unionized Costco workers are set to strike at midnight amid contract negotiations with the retail giant. The Teamsters union represents more than 18,000 Costco employees in the United States, which is less than 10% of the company's international workforce. ...

How many Costco workers are in the Teamsters Union?

The Teamsters union represents 18,000 Costco workers in six states: California, Washington, Maryland, Virginia, New Jersey and New York. It's unclear if the strikes would close stores. Costco has 219,000 U.S. employees and 617 U.S. stores. The company said its labor agreement with the Teamsters applies to less than 10% of those stores. ...

How many employees does Costco have?

Costco has 219,000 U.S. employees and 617 U.S. stores. The company said its labor agreement with the Teamsters applies to less than 10% of those stores. On Jan. 20, Teamsters members at Costco voted overwhelmingly in favor of a strike if a new three-year contract agreement wasn't reached by midnight Friday, when the current contract expires. ...

Will the Teamsters Strike affect Oregon & Washington stores?

The company said its labor agreement with the Teamsters applies to less than 10% of those stores. While Oregon and southwest Washington stores aren’t under the Teamsters contract, a strike that includes the Sumner, Washington, distribution center drivers could affect product availability in the Northwest. ...

How much does Costco pay per hour?

Bloomberg News reported Costco is raising hourly pay for most of its non-union locations to more than $30 an hour over the next three years. That applies to workers at the top of the company's pay scale. Workers at the bottom will see raises of 50 cents to $20. ...

Does Costco need a contract offer?

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. The company reported net income of $7.36 billion, double its profit in 2019. ...