Costco on the Brink: Why 18,000 Workers Are Ready to Strike

Over 85% of the union members supported the move, highlighting widespread discontent among the workforce.

Union Demands a Historic Contract

Teamsters General President Sean M. O’Brien stated, “Our members have spoken loud and clear—Costco must deliver a fair contract, or they’ll be held accountable.” He warned that if the wholesale giant fails to reach an agreement by January 31, the workers will strike.

The union is pushing for “fair wages and benefits” reflective of Costco’s financial success. According to Teamsters, the company reported $254 billion in annual revenue and $7.4 billion in net profits, a 135% increase since 2018. Despite these record gains, the union claims Costco executives have resisted meeting their demands.

Practice Pickets and Worker Solidarity

In preparation for the potential strike, Costco workers across the country have been holding practice pickets. These demonstrations, spanning locations from Hayward, California, to Sumner, Washington, and Long Island, New York, have showcased the resolve of the Teamsters members.

“We are the backbone of Costco,” said Bryan Fields, a Baltimore Costco worker and member of Teamsters Local 570. “We drive its success and generate its profits. We hope the company will step up and do right by us, but if they don’t, that’s on them. The company will be striking itself.”

What’s at Stake?

The stakes are high for both Costco and its workers. A strike could lead to major disruptions for the wholesale giant, potentially affecting its operations and reputation. For the workers, it represents a fight for fair compensation and recognition of their role in the company’s success.

The union’s demands center on bridging the gap between Costco’s enormous profits and the wages and benefits provided to employees. With less than two weeks until the strike deadline, negotiations are expected to intensify.

Why This Matters

This potential strike highlights broader conversations about corporate responsibility and workers’ rights. Costco, often lauded for its employee benefits and compensation compared to industry peers, now faces pressure to set an even higher standard.

The outcome of this labor dispute could set a precedent for other unionized workplaces, making it a closely watched event across the business world.