Costco union workers rally outside shareholder meeting
On January 23, 2025, Costco Teamsters rallied outside the company's Issaquah headquarters to demand a new contract, threatening a strike if negotiations fail by January 31. The protest included chanting workers and loud truck horns, showcasing their determination for better wages and health benefits. An overwhelming 85% of union members voted to authorize a strike, seeking a contract that aligns with Costco's financial success, which reported $254 billion in revenue and $7. 4 billion in net income last year. Union members, including long-term drivers, voiced concerns over declining benefits and the need for a return to the company's original family values.
This rally marks a significant step for the Teamsters, who have never protested at Costco's headquarters before, highlighting their urgency to communicate directly with shareholders. As negotiations continue, the Teamsters stress the importance of achieving the best wages and benefits in the company's history. The union's spokesperson emphasized that Costco can afford to meet these demands, given its financial growth. The outcome of these negotiations will greatly impact the livelihoods of over 18,000 Costco employees.