Tag

Union Contract

All articles tagged with #union contract

business4 months ago

Starbucks Employees Continue Unionization Efforts Across Locations

A year after Brian Niccol became CEO of Starbucks, the company remains at odds with its unionized workers, who have criticized staffing, pay, and working conditions despite union growth and protests. Negotiations for a fair contract have stalled, and workers continue to push for better wages and protections, highlighting a significant ongoing labor dispute.

business1 year ago

Boeing Workers Secure Major Wage Hike, End Strike

Boeing workers have ratified a new contract after a seven-week strike, securing a 43.65% wage increase over four years, a $12,000 ratification bonus, and improved benefits. The contract was approved by a 59%-41% vote, following the rejection of a previous offer. Union leaders and supporters, including Rep. Pramila Jayapal, praised the agreement as a significant victory for workers, emphasizing the importance of fair wages and benefits. The deal is seen as setting a new standard in the aerospace industry, highlighting the power of collective bargaining.

business1 year ago

Boeing Machinists End 7-Week Strike with New Contract Approval

Boeing's machinists strike has ended after workers ratified a new union contract, which included significant concessions from Boeing. The final agreement offers a 38% wage increase over four years, a $7,000 ratification bonus plus a $5,000 401(k) contribution, and a 100% company match on the first 8% of workers' 401(k) contributions. The strike highlighted the workers' efforts to secure better pay and benefits, despite Boeing's initial resistance.

businesstechnology1 year ago

"Sega Workers Secure Groundbreaking Union Contract with Raises and Layoff Protections"

Workers at Sega of America, a division of Sega Sammy Holdings Inc., have ratified a union contract, marking the first time employees at a major North American video-game company have done so. The contract covers around 150 people and includes minimum yearly pay increases of 4% in 2024, 3% in 2025, and 2.5% in 2026, as well as other benefits. This move may accelerate a growing labor movement in an industry known for its workforce instability.

technology2 years ago

Microsoft and AFL-CIO Forge Historic Union Contract on AI Implementation

Microsoft has reached a tentative agreement with the Communications Workers of America (CWA) on union contract language governing the company's use of artificial intelligence (AI). The agreement includes Microsoft's six previously announced AI principles and commits the company to applying these principles across all of its AI technologies. It also obligates Microsoft to inform the union of any potential impact on work performed by union members due to AI or other automation and to negotiate over the impact on employees. The inclusion of this language in an enforceable union contract means that Microsoft is bound to follow through. The agreement with CWA gives Microsoft a recruiting advantage and may inspire more workers to unionize.

business2 years ago

Detroit Casino Workers Reject Tentative Deal, Extend Strike at MGM Grand

Unionized workers at MGM Grand Detroit continue to strike after rejecting a tentative contract agreement reached with the company, while workers at MotorCity Casino and Hollywood Casino at Greektown voted in favor of five-year contracts. The Detroit Casino Council described the tentative deal as "historic," including wage increases, benefits, workload reductions, and job protections. The strike, which began on October 17, has impacted tax revenues for the city and state of Michigan.

business2 years ago

Stellantis Plans Buyouts for U.S. Salaried Workers at Chrysler

Stellantis, the parent company of Chrysler, is preparing to offer buyouts to approximately 6,400 of its U.S. white-collar employees as it seeks to reduce expenses during its transition to electric vehicles and cope with higher labor costs from an impending union contract. The buyouts will be voluntary and targeted towards nonunion employees with at least five years of experience.

labor-and-employment2 years ago

"Ford Workers Celebrate New Union Contract, Securing Future and Growth"

Ford autoworkers, including Dave and Bailey Hodge, are hopeful for a better future after a tentative agreement was reached between Ford and the United Auto Workers (UAW) union. The agreement, which is being voted on by workers, includes significant wage increases and more time off. The Hodges, who were working long hours to make ends meet, are relieved by the potential changes and the opportunity to spend more time with their family. The UAW negotiated similar contracts with General Motors and Stellantis, and experts predict that a majority of workers will vote in favor of the deals.

labor-and-employment2 years ago

"Ford Workers Secure Promising Union Contract for Future Growth and Employment Stability"

A couple who work at a Ford factory in Michigan, which was on strike for 41 days, expressed optimism about the transformative impact of a new tentative contract agreement. The agreement, if ratified, would provide significant gains for autoworkers, including higher wages and more time off. The couple, who were previously working 12-hour shifts, seven days a week, are hopeful that the new contract will allow them to work fewer hours and have a better work-life balance, enabling them to spend more time with their family and pursue their financial goals.

entertainment2 years ago

SAG-AFTRA Negotiations Show Progress as Talks with Studios Continue

Negotiations for Hollywood's largest union, SAG-AFTRA, concluded with a sense of optimism after a weekend of talks, although no deal has been reached yet. The talks were described as productive, but both sides still need to finalize deal points, including compensation for streaming work and regulations on AI. If a resolution is not reached by early November, studios may delay their 2024 summer movie slates. Expectations are high for a tentative deal, as the union presented its latest responses to the studio and thousands of members expressed support for union leadership.

entertainment2 years ago

SAG-AFTRA and Studios Resume Negotiations

SAG-AFTRA and Hollywood studios have resumed negotiations over a new three-year union contract, with CEOs returning to the bargaining table. The major sticking point remains the union's proposal to charge streaming services 57 cents per subscriber to create a fund for members whose work appears on these platforms. Studios are concerned about the potential impact of an extended strike on the 2024 movie and broadcast calendar. A group of A-list actors, including Ben Affleck and Jennifer Aniston, met with union representatives to try to break the stalemate. Progress on these issues is yet to be seen.

labor-rights2 years ago

"Culinary Union Mobilizes Las Vegas Members for Week of Rallying and Civil Disobedience"

The Culinary Workers Union in Las Vegas has announced that thousands of its members will rally on the Las Vegas Strip next week, with some participating in a civil disobedience action, as they continue to push for a new 5-year union contract. This comes after hospitality workers in Detroit went on strike earlier this week. The union members will gather on the Strip, and 75 workers will engage in civil disobedience in the middle of the street.

business2 years ago

Hormel's Stock Plummets Amidst Strategic Plan, Union Contract, and Financial Targets

Hormel Foods Corp. shares plunged nearly 10% after the company unveiled its updated strategic plan, which aims to increase operating income by over $250 million by 2026. The plan includes growth from its current business, transformation of its Jennie-O Turkey Store business, and cost-reduction efforts. Additionally, Hormel settled a new contract with its union members, granting workers raises of $3 to $6 per hour and other benefits. The stock's decline marked its lowest closing level since early 2018.