financetom
Business
financetom
/
Business
/
Starbucks CEO Niccol says committed to "engage constructively" with workers union
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Starbucks CEO Niccol says committed to "engage constructively" with workers union
Sep 24, 2024 7:18 PM

(Reuters) - Starbucks' ( SBUX ) new CEO Brian Niccol said in a letter on Tuesday that he "deeply respects" the right of the coffee chain's workers to choose to be represented by a union, and that he was committed to "engage constructively."

Starbucks ( SBUX ) continues contract negotiations with the Workers United union this week. The session would be the first with Niccol at the helm after a surprise CEO change by the company last month.

Niccol's remarks come in response to a letter addressed to him by 298 baristas who are bargaining delegates from the union.

Earlier this month, Niccol said in an open letter that he would work to improve coffeehouse culture at the chain's stores in the United States and plans to spend time in stores meeting with suppliers and partners to make improvements.

In his Tuesday letter, Niccol also reiterated his commitment to creating a "great work environment" at the stores, and added that the company "values" direct relations with workers.

"If our partners choose to be represented, I am committed to making sure we engage constructively and in good faith with the union and the partners it represents," Niccol wrote.

Starbucks ( SBUX ) began negotiations with Workers United in April on a "foundational framework" to guide collective bargaining in the U.S. The union's bargaining delegation represents more than 10,500 partners across over 490 stores.

In June, the U.S. Supreme Court threw out a lower court's injunction sought by the U.S. National Labor Relations Board ordering Starbucks ( SBUX ) to rehire seven Memphis employees who were fired as they sought to unionize.

(This story has been corrected to fix a typo, in paragraph 1)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Eletrobras signs agreement with Prumo to produce green hydrogen at Brazilian port
Eletrobras signs agreement with Prumo to produce green hydrogen at Brazilian port
Jun 5, 2024
RIO DE JANEIRO, June 5 (Reuters) - Brazil's Eletrobras , Latin America's largest utility, signed a memorandum of understanding with infrastructure company Prumo to produce green hydrogen in a port in Rio de Janeiro, which could lead to development of a pilot plant, the two firms said. The memorandum, signed on Wednesday at an event in Rio, also opens the...
Snowflake Insider Sold Shares Worth $2,057,100, According to a Recent SEC Filing
Snowflake Insider Sold Shares Worth $2,057,100, According to a Recent SEC Filing
Jun 5, 2024
05:37 PM EDT, 06/05/2024 (MT Newswires) -- Christian Kleinerman, Executive Vice President, Product Management, on June 04, 2024, sold 15,000 shares in Snowflake (SNOW) for $2,057,100. Following the Form 4 filing with the SEC, Kleinerman has control over a total of 991,472 shares of the company, with 757,597 shares held directly and 233,875 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1640147/000164014724000137/xslF345X03/wk-form4_1717623157.xml Price: 134.20,...
PowerUp Acquisition Says Company Files Quarterly Report to Regulator
PowerUp Acquisition Says Company Files Quarterly Report to Regulator
Jun 5, 2024
05:36 PM EDT, 06/05/2024 (MT Newswires) -- PowerUp Acquisition ( PWUP ) said the firm believes it has fully regained compliance with the Nasdaq's listing requirements after it filed its quarterly report on form 10-Q for the period ending March 31 with the Securities and Exchange Commission Wednesday. The Nasdaq notified the blank-check company of its noncompliance Monday, PowerUp said....
Sprinklr Shares Fall On Weak Guidance, New Co-CEO Announcement
Sprinklr Shares Fall On Weak Guidance, New Co-CEO Announcement
Jun 5, 2024
Sprinklr, Inc. ( CXM ) shares are falling after the company reported its first-quarter financial results and appointed a new co-CEO Wednesday. Here's a look at the key figures from the report.  The Details: Sprinklr ( CXM ) reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 7 cents by 28.57% and is a...
Copyright 2023-2025 - www.financetom.com All Rights Reserved