Posts tagged Institutional Shareholder Services
Labor unions end proxy fight at Starbucks after bargaining progress
March 8, 2024 // A group of labor unions said on Tuesday that it was ending its proxy fight at Starbucks, after the two sides agreed last week to work toward a "foundational framework" on collective bargaining. "We feel that now is the time to acknowledge the progress that has been made and to allow the Company and its workers to focus on moving forward," the Strategic Organizing Center said in a release. The SOC said it is withdrawing the three nominees it had put forth for election to Starbucks' board.