Starbucks CEO 'shocked' to hear of 'fracturing trust in government' and companies

  • 📰 wrtv
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Howard Schultz, the CEO of U.S. coffee giant Starbucks, returned to his role again as the company faces a growing wish among employees to unionize. Schultz told CNN that he believes 'the efforts of unionization in America are in many ways a manifestatio...

Howard Schultz, the CEO of U.S. coffee giant Starbucks, returned to his role again as the company faces a growing wish among employees to unionize.

Schultz told CNN that he believes"the efforts of unionization in America are in many ways a manifestation of a much bigger problem.”The first store to vote in favor of unionizing was in December 2021 in the Buffalo, New York-area when three stores held separate union elections. One of the stores voted to unionize while one of the three rejected unionization.

The third store was not able to reach a verdict, and a legal battle was placed on the table, NPR reported. CNN reported that a union, National Labor Relations Board , has filed hundreds of unfair labor practices suits against the company.Schultz told CNN that after speaking with"thousands" of workers he was"shocked, stunned to hear the loneliness, the anxiety, the fracturing of trust in government, fracturing of trust in companies, fracturing of trust in families, the lack of hope in terms of opportunity.

He said the continued efforts to unionize are because"Starbucks was not leading in a way that was consistent with its history.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 598. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Howard Schultz: Unions 'a manifestation of a much bigger problem' | CNN BusinessFifteen years ago, Howard Schultz reprised his role as Starbucks CEO, returning to the helm to help put the struggling company back on course. At the time, the coffee chain was flailing, facing growing competition, cooling customer interest and contending with the financial crisis. So what? Let them unionize To the gulags with him Yeah dude, YOU are the problem. At least you've taken the first step of self realization well, maybe not..
Source: CNN - 🏆 4. / 95 Read more »