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Starbucks profit for 2022 was $22 billion. A 7% increase over the prior year. That leaves loads of room for unions to negotiate higher salaries and better benef
by tchaffee 4y ago
Starbucks profit for 2022 was $22 billion. A 7% increase over the prior year. That leaves loads of room for unions to negotiate higher salaries and better benefits before there is any risk of that happening.
And unions tend to not drive companies out of business because then there is no need for the union anymore and no paychecks to take union fees from.
- caskstrength 4y agoI would assume they didn't made all those billions by running unprofitable shops, didn't they?
- tchaffee 4y agoThe shops are obviously highly profitable. Which is my point. More of that profit could be shared with the workers who generate it. And they would still be profitable. Your scary "unprofitable" is not in sight even after significant raises to workers.
- caskstrength 4y agoHow do you know any of that? Just throwing the word "obvious" in there doesn't make an argument.
- tchaffee 4y agoIt's in their annual and quarterly reports where their profit comes from. They run highly profitable coffee stores around the world.
- caskstrength 4y ago... and in order to do that they must sometimes close unprofitable ones.
- tchaffee 4y agoYes, they have always done that. What's your point?