Starbucks union votes to authorize strike if needed

Investing.com -- Starbucks Workers United, the union representing Starbucks Corp (NASDAQ:SBUX ). baristas, has voted to authorize a potential strike as contract negotiations enter their final stages. The union announced on Tuesday that 98% of its members voted in favor of a work stoppage, if deemed necessary. However, a decision on whether the workers will actually go on strike has not been made yet.

The union represents employees at over 500 of Starbucks' more than 10,000 company-operated stores in the US. Earlier this year, both the labor group and Starbucks agreed to resume bargaining with the goal of establishing a contract framework.

Starbucks Workers United stated that the company has not yet presented a comprehensive financial package at the negotiation table. In addition, several hundred allegations of unfair labor practices by Starbucks are still unresolved.

Bargaining delegates met with Starbucks for negotiations on Tuesday, marking the last scheduled session of the year. Silvia Baldwin, a Philadelphia barista and bargaining delegate, expressed the urgent need to finalize a foundational framework that includes significant investments in baristas and to resolve the ongoing charges of unfair labor practices.

Starbucks has not provided a comment on the matter.

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Source: Investing.com