AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
General Electric faces first strike in 30 years.
(From FT Investor (Stories))
Many of General Electric's US plants could be crippled as the world's biggest industrial company faces its first strike in 30 years.
The strike alert, which could herald a tough year ahead for GE on the industrial relations front, was triggered on Wednesday when an average rise of about $200 a year in the amount employees and retirees must pay to the company's managed healthcare plan took effect.
The increase raises each worker's contribution towards healthcare to about $700 a year. The International Union of Electrical-Communications Workers of America voted in October to strike if the company pushed the increases through. It is now expected to set a date for the strike.
The IUE-CWA has won the support of at least one other of GE's 14 unions for its strike threat. About 17,500 workers would be affected, representing 6 per cent of GE's US workforce. The company employs more than 300,000 people worldwide.
The threat is concentrated mainly on GE's industrial operations. It is seen as a foretaste of tough negotiations due in May on a new national wages and benefits ...
- CWA Reports GE to End to Retirement Income Giveaway for Board Members.
- Press release article from: PR Newswire December 12, 2000 700+ words
...CWA Pension Fund, representing CWA members and GE stockholders, has regularly submitted...000 members of IUE-CWA work at GE; CWA also represents broadcast employees...purchasing power drop by 45 percent, CWA noted. GE's pension fund accounted for...
- Local IUE-CWA/GE Leaders Recommend GE Contract to Membership; Vote to be...
- Press release article from: PR Newswire June 18, 2003 700+ words
...January." Responding to IUE-CWA's proposal, GE agreed to work with the union on...first time ever in national IUE-CWA/GE negotiations, the company agreed...at $1.7 billion," said IUE-CWA/GE Conference Board Chairman Art Smith...
- GE Statement On IUE-CWA Strike Announcement.
- Press release article from: Business Wire January 7, 2003 700+ words
...of America (IUE/CWA) over changes in an...health care plan that GE announced last summer...accordance with the terms of GE's collective bargaining...agreement with the IUE/CWA. The IUE/CWA represents...two days. The IUE/CWA has cited changes GE announced last summer...
- IUE-CWA Members Ratify GE Contract; Strong Support Shown for Agreement That...
- Press release article from: PR Newswire June 25, 2003 700+ words
...tremendous victory for IUE-CWA members, other GE workers and all working families...future negotiations." IUE-CWA currently has Working at GE (WAGE) organizing committees...breakthrough agreement," said IUE-CWA/GE Conference Board Chairman Art...
- IUE-CWA Urges Investors, Analysts to Support Four Shareholder Proposals on GE's...
- Press release article from: PR Newswire April 10, 2003 700+ words
...PRNewswire/ -- IUE-CWA President Edward Fire...shareholder proposals on GE's 2003 proxy statement...shareholder investment in GE could be in danger...Both the IUE-CWA Pension Plan and the...poor performance of GE stock. Finally, IUE-CWA threw its support behind...
- GE Energy plant union to vote on contract: 4-year agreement includes raises,...
- Newspaper article from: Times Union (Albany, NY) June 26, 2007 700+ words
...About 1,100 members of IUE-CWA Local 301 will vote today on the...approved June 17 in New York City by GE and its two largest unions, IUE-CWA and the United Electrical, Radio and Machine Workers of America. GE has about 20,000 workers across...
- Statement of IUE-CWA President Edward Fire on GE's Decision to Eliminate...
- Press release article from: PR Newswire February 21, 2003 700+ words
...PRNewswire/ -- The following is a statement by IUE- CWA President Edward Fire: "IUE-CWA is pleased that in response to shareholder pressure...compensation for top executives. "Last year IUE-CWA members alone voted more than six million shares...
- Tele-conference at 1:30 Today with IUE-CWA President Ed Fire On GE's Announced...
- Press release article from: PR Newswire August 23, 2001 700+ words
Edward Fire, president of the Electronics Workers-CWA, will be available to reporters on a 1:30 p.m. tele-conference call to discuss today's announcement by General Electric...
- IUE-CWA: Stimulus Package Puts Corporate Greed Above Workers' Needs.
- Press release article from: PR Newswire October 31, 2001 700+ words
...windfall in tax refunds, IUE-CWA is calling on Congress to "stop...unconscionable greed." On October 30, GE officially informed IUE-CWA Local 119 there was nothing the...money to greedy companies like GE. IUE-CWA also will be holding a rally to...
- IUE-CWA President Edward Fire's Statement On the Death of a Striker in...
- Press release article from: PR Newswire January 14, 2003 700+ words
...Local 761, an employee of GE Appliance Park. We are attempting...to learn the facts. IUE- CWA's General Counsel has been...conference call with all IUE-CWA GE Locals at 2:30 p.m...update. "The entire IUE-CWA family shares in the sorrow...