Starbucks Commits to Restart Union Bargaining, Aims for 2024 Agreements

In a major shift, the coffee giant seeks to end a two-year dispute with unionized workers, amid a 10% fall in stock since a November strike.

Starbucks has announced a major reversal in its stance towards unionized workers, expressing its commitment to restart bargaining and reach labor agreements by 2024.
The coffee chain has been in a two-year-long dispute with its unionized workers, with the last bargaining session taking place in May 2023.
Since the first Starbucks store in Buffalo, New York, voted to unionize two years ago, at least 370 company-owned U.S. Starbucks stores have followed suit.
Unionizing workers are seeking higher pay, more consistent schedules, and greater input on issues like store safety and workload during busy times.
The company's stock has fallen 10% since Nov. 16, when 5,000 workers at more than 200 unionized Starbucks stores went on strike.