Why Costco's new pay hike could backfire as union strike looms
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Costco is facing a potential strike by 18,000 union workers as their contract is set to expire. In response, Costco announced pay raises for non-union employees, which could exacerbate tensions with unionized staff.
January 31, 2025 | 10:30 pm
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Costco is dealing with a potential strike by 18,000 union workers, while announcing pay raises for non-union employees. This move could increase tensions and impact operations.
The potential strike by a significant number of union workers could disrupt Costco's operations, negatively impacting its stock price. The pay raise for non-union employees might worsen relations with unionized staff, increasing the likelihood of a strike.
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