Anticonsumption

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submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 9 points 5 months ago (4 children)

Is this in response to union efforts?

[–] [email protected] 22 points 5 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 7 points 5 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.

[–] [email protected] 5 points 5 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.

[–] [email protected] 1 points 5 months ago

Is that your kink?