Starbucks, union agree to bring in mediator for contract talks

Published 01/30/2025, 03:15 PM
Updated 01/31/2025, 10:57 AM
© Reuters. FILE PHOTO: Workers picket in front of a Starbucks in the Brooklyn borough in New York, U.S. December 23, 2024. REUTERS/Eduardo Munoz/File Photo

(Reuters) -Starbucks and its union representing more than 10,000 baristas have agreed to bring in a mediator to help resume stalled contract negotiations and reach a deal, they said in a joint statement on Thursday.

Talks between the two parties, which began in April last year, were halted in December before a final round, with the union saying the coffee chain had yet to bring a comprehensive package to the table.

"We have made progress over the last nine months of bargaining, and we are committed to continuing to work together — with a mediator's assistance — to navigate complex issues and reach fair contracts," said the joint statement, which was seen by Reuters.

Starbucks (NASDAQ:SBUX) had said in December it scheduled and attended more than eight bargaining sessions with union delegates and reached 30 agreements.

The union, which has filed more than 90 unfair labor practices against the company in recent weeks, had gone on a five-day strike just ahead of Christmas, which closed Starbucks stores in multiple cities, including Los Angeles, Chicago and Seattle.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.