Stock Market News
Labor group seeks three board seats at Starbucks – sources
2023.11.21 18:24
© Reuters. Members of the Starbucks Workers Union and other labor organization picket and hold a rally outside a company owned Starbucks store, during the coffee chain’s Red Cup Day event in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Phot
(Reuters) -The Strategic Organizing Center, a coalition of North American labor unions, is seeking three board seats at Starbucks (NASDAQ:), people familiar with matter told Reuters on Tuesday.
Starbucks did not immediately respond to a request for comment.
Last week, workers at hundreds of Starbucks stores walked off their jobs during a key promotional event demanding improved staffing and schedules.
The Wall Street Journal first reported the news and said a labor group was seeking representation on the coffee giant’s board, aggravating the battle on pay and working conditions at the company.