The salary is too low! Large-scale strike broke out at Starbucks in the United States.

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According to media reports, more than 100 employees of Starbucks in the United States jointly went on strike at their stores on November 17 as baristas tried to put pressure on the company to raise wages and staffing levels because they wanted to push the company to raise wages and staffing levels.

The strike took place on Starbucks' traditional Red Cup Day, an annual promotion at Starbucks, when stores give away reusable holiday-themed cups to buyers. It is usually one of Starbucks' busiest days of the year, and the 25-year-old event has been seen as a key point for sales growth in the fourth quarter.

It is understood that this is the largest strike by the Starbucks union so far. The foreman of a Starbucks coffee shop in Montclair, New Jersey, said: the strike was held because Starbucks refused to negotiate sincerely with the union, so there were more than 100 store employees who chose to go on strike on Red Cup Day.

Starbucks has always had a strong sense of presence in the world, and its store distribution is also the densest chain coffee brand in the world, with traces of it in almost every slightly affluent town. It has always been committed to commercial procurement and baking of the world's high-quality Arabica coffee. Starbucks, with more than 32000 stores in 82 markets around the world, is the world's leading professional coffee chain.

Starbucks Coffee Company, founded in 1971, is headquartered in Seattle, Washington, USA. It has nearly 9000 stores in the United States alone, while China, the second largest market in the world, has been committed to developing into a different company since it entered China in 1999. now Starbucks has opened more than 6000 stores in more than 230 cities in mainland China. It has more than 60000 Starbucks partners (employees).

According to Starbucks' financial data for the fourth quarter and full year of fiscal 2022 ended Oct. 2, revenue rose 3.3% from July to September, with total revenue of $8.414 billion and total sales at an all-time high, while net profit was $878 million, down 50.2% from a year earlier. The results also showed that Starbucks' total revenue in fiscal 2022 was $32.25 billion, up 11% from a year earlier, while net profit was $3.28 billion, down 21.8% from a year earlier.

In Starbucks' second-largest market, same-store sales in China fell 16%, after analysts had expected a drop of 20%, as same-store sales in China fell to 44% in the previous quarter. Net income recovered to 9% from a 38% decline in the previous quarter, so Starbucks's overall performance picked up slightly.

Starbucks has long claimed that its employees' salaries and benefits exceed industry standards. Starbucks explained the decline in net profit in the fourth quarter to higher wages, new training for workers, and increased costs in the supply chain, food and materials. However, some employees are angry that Starbucks' wages are too low and their working hours are too long, and that Starbucks even promised higher wages and benefits to non-union stores.

According to reports, Bo Wenxi, chief economist of IPG, told time Finance: "in the past two years, the employment situation in the United States has been relatively good, and the unemployment rate has repeatedly reached record lows, which has also promoted the increase in average salary, legal minimum wage and hourly wage, which is also in line with the description of rising staff salaries in the financial reports of companies like Starbucks, which rely heavily on part-time workers.

But Starbucks pay may not be able to keep up with the average pay and hourly wage adjustments, leading to a strike among Starbucks workers over low wages. This is actually not contradictory to the increase in employee wages that Starbucks said in the financial report. "

Photo Source: Internet

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