Teamsters Says 95% Of Teamsters Local 727 Members At Pepsi Vote To Authorize Strike; Current 3-Year Agreement With Pepsi Expires April 28; In Addition To Local 727, Pepsi Teamsters With Local 673 In Illinois And Local 135 In Indianapolis Are In Negotiations For New Contracts
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Teamsters Local 727 members, representing 95% of its workforce at Pepsi, have voted to authorize a strike as their current 3-year agreement with Pepsi expires on April 28. Negotiations for new contracts are also underway with Pepsi Teamsters in Local 673 in Illinois and Local 135 in Indianapolis.
April 22, 2024 | 4:58 pm
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Pepsi faces potential labor disruptions as 95% of Teamsters Local 727 members vote to authorize a strike with their contract expiring soon. Negotiations are also in progress with other local unions.
The authorization of a strike by a significant portion of Pepsi's workforce indicates potential labor disruptions. This could affect Pepsi's operations and potentially its stock price in the short term, especially if the strike goes ahead or if negotiations with other locals stall.
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