Unions and striking work
Ok fine, maybe now I’ll consider getting a membership. But I still don’t have room for bulk items.
Does anyone know if there’s a monkey paw angle on this, or genuine win for the workers?
A week ago their union announced 80% support amongst their union workers for increased pay and they threatened to strike starting jan 31st if wages weren’t increased. I forget exact numbers but last year they still made like 7 billion in income (200billion revenue) so they could afford to give their employees raises.
Don’t get me wrong, Costco is cool and nice, but this is why unions are good
Costco has always invested heavily in thier workers. I love the place. Even the people selling the hotdogs are making a livable wage, and you can tell by how everyone in that store is helpful and nice.
Sam’s club is the evil twin owned by Walmart. I go waaay out of my way to pass a Sam’s club and shop at Costco.
Sure, but there was a reason that strike was threatened and unions said that Costco had been intentionally slow walking at every turn. Even waiting until the last second here was likely calculated and considered down to the dollar versus lost sentiment in public perception and PR spend to attempt to recover image. Very cynical, but happy if it ultimately worked out. If…
This makes me want to buy a Costco membership, just because of this. I don’t even really need much bulk stuff.
Time to go check them out again. If I can justify buying any minimal amount of stuff, I’ll do it.
Good on Costco.
Damn!
OMG, this is so DEI/woke! I hope donvict will lean on these guys and make them stop this terrible stuff.
Hell ya
Costco has figured out that paying their employees well and treating them well is good for business and have decided that good business is more important that the feeling of satisfaction that most CEOs get from treating their employees like serfs. Their industrial investors have figured out that diverse companies with diverse management perform better than companies run by white, rich men that employ only white men and voted down a christofascist virtue signalling attempt to overturn their DEI programs.
That seems fair
Costco is not good. Sure, unions are good because it causes corporations like costco to make decisions like like these, but I will never support a corporation that supports the genocide of the Palestinian people.edit: Costco does not, as far as I can tell, actually support the genocide. I was mistaken, but I’m leaving it up so that the replies and subsequent conversation still make sense.
First time I’m hearing about this. A quick search shows this list of companies Muslims are/should boycott, and Costco is not listed. There is also this source I found claiming that while there is a single Costco warehouse in one Israeli city:
“Costco has publicly stated its commitment to a two-state solution to the Israeli-Palestinian conflict, which recognizes the right of both Israelis and Palestinians to self-determination. The company has also expressed its support for the efforts of organizations such as the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) to provide humanitarian aid and support to Palestinians.”
If you have some information I’m not seeing, feel free to share.
oh! I must be confused. I usually use that list as well to find brands that support the genocide, and thought I had seen it on there.
I didn’t find it there, though I did find that Blackrock is a major shareholder:
Costco’s major shareholders include institutional investors and renowned mutual funds like Vanguard Fiduciary Trust, BlackRock Advisors, State Street Corp, Geode Capital Management,…
Damn, I’ve been boycottting them for the wrong reason. I appreciate you pointing this out to me.