this post was submitted on 01 May 2024
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Anticonsumption

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submitted 6 months ago* (last edited 6 months ago) by 01010101011@reddthat.com to c/anticonsumption@slrpnk.net
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[–] some_guy@lemmy.sdf.org 10 points 6 months ago (4 children)

Is this in response to union efforts?

[–] ImplyingImplications@lemmy.ca 23 points 6 months ago

It's because they announced to shareholders they made $500 million less than expected in the last 3 months. They expected to make $9.1 billion but made $8.6 billion. Their sales are down worldwide indicating it's not just a US thing.

[–] madeinthebackseat@lemmy.world 7 points 6 months ago

Or the opposite. I now actively avoid Starbucks due to their behavior towards unions. When I do go, I always ask the employees if they have unionized yet.

[–] Five@slrpnk.net 6 points 6 months ago

Possibly. Starbucks, Workers United made ‘significant progress’ in last week’s contract talks.

I wouldn't put it past them to under-report their earnings to get more leverage in unionization negotiations, engineering a temporary drop in share price.

[–] synae@lemmy.sdf.org 1 points 6 months ago

Is that your kink?