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Costco, Teamsters, reach 'tentative agreement' likely averting strike as company's DEI controversy rages on
DEIDouglas Emmett(DEI) Fox Business·2025-02-01 18:45

The looming threat of 18,000 Costco store employees heading to the picket lines appears less likely, with the Teamsters labor union announcing Saturday that it has reached a tentative agreement for a new contract with the grocery chain. The negotiations come amid Costco standing firm on its Diversity, Equality, and Inclusion (DEI) policies as most companies turn their backs on the controversial initiative."The tentative agreement will be presented to the membership for a vote," the union, which represents 1 ...