Apple Stock News

The move comes against the backdrop of unionization efforts gaining momentum at large US corporations, including Amazon.com Inc and Starbucks Corp.

Customers and Apple employees gather during the first day of sale for the iPhone 13, in New York, Friday, Sept. 24, 2021. | Richard Drew, Associated Press Apple employees at two retail stores are close to finishing their paperwork to unionize Apple employees across the country are trying to unionize behind the scene as hourly workers express their needs, according to a report by The Washington Post . Two stores are close to filling out paperwork with the National Labor Relations Board. Six more locations are at a less advanced stage in the process. Currently, the tech company has more than 270 locations in the U.S. and more than 500 worldwide, according to CNET . Employees earn between $17 to $30 per hour, depending on their market and position, along with $1,000 to $2,000 in stock. But these wages havent kept up with inflation. Apple and NLRB did not respond to requests for comment, per the Post . Meanwhile, Apple CEO Tim Cook received a $99 million compensation package. I have a lot of co-workers and friends who I genuinely love and they do not make enough to get by, said one labor organizer who works at an Apple retail store. Theyre struggling and theyre hurting and we work for a company that has the resources to make sure that theyre taken care of. According to Reuters , this movement comes as unionization efforts gain momentum in the U.S., spreading to corporations like Starbucks and Amazon.

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It''s not just Amazon and Google workers hoping to organize. Sources speaking to The Washington Post claim workers at six or more US Apple Store locations are quietly planning to unionize, with "at least" two stores already garnering the support of national unions and prepping submissions to the National Labor Relations Board. As you might guess, the central issue is pay. Employees talking to The Post said their pay was similar to what other stores offered, but wasn''t keeping up with rising costs of living. Apple''s corporate success also hasn''t translated to better wages, the staffers said. The pro-union workers have reportedly organized in secret to avoid possible eavesdropping and retaliation from Apple, using encrypted chats and even Android phones to keep communications private. The employees have supposedly been informally canvassing coworkers to gauge support and potentially secure majorities in the event of union votes. We''ve asked Apple for comment. The company previously said it took all employee concerns "seriously" and "thoroughly" investigated issues when they came up, but didn''t discuss particular employee issues as a matter of "respect for the privacy" of those involved.

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Apple retail employees at a number of stores across the country are quietly planning to unionize, according to a Washington Post report —spurred on by pay that hasn’t kept up with inflation even as the tech giant posts record-setting profits. Read more…

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