'Macy's and its CEO have raked in huge profits while the workers have been crushed by rising inflation,' says UFCW5, many of whose San Francisco Macy's workers are on strike.
"Macy's and its CEO have raked in huge profits while the workers have been crushed by rising inflation."
$108 million in third-quarter income—broke down Thursday. Strike-breakers kept the store open for the final two days of Christmas shopping.that Macy's only offered a $1-per-hour pay raise over three years and would not compromise on affordable healthcare, staffing levels, and seniority. Chelsea Thomas, a Macy's employee and bargaining committee member, said in a statement that "nobody wants to go on strike at Christmas time but after six months of management stalling and refusal to make an offer that recognizes the hard work that we do to make the company profitable and successful, we don't have much choice."
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