All articles tagged with #labor agreement
Despite fan fears of relocation under new owner Tom Dundon, recent reporting suggests the Blazers are pursuing public funding for Moda Center renovations and have committed to a Project Labor Agreement, with internal emails showing cautious but ongoing efforts—indicating that staying in Portland is still on the table.
Workers at JBS USA's meatpacking plant in Greeley, Colorado, have reached a negotiated agreement with the company after labor talks, signaling a resolution for the site's workforce.
The WNBA and WNBPA have a verbal seven-year CBA with a $7 million starting salary cap, a 20% revenue share (about $584k average salary before revenue share) and a $1.4 million supermax, plus core designation changes starting in 2027. After finalizing the term sheet, players and the WNBA Board of Governors will vote to ratify, securing labor peace through the 2031 season. The deal follows over 100 hours of talks, with a busy pre-season schedule beginning April 19.
Broadway's musicians' union reached a tentative labor deal with producers, avoiding a strike that could have shut down nearly two dozen shows, including hits like 'Hamilton' and 'The Lion King.' The agreement includes wage and health benefit increases, and the deal now awaits ratification by union members. This comes amid a strong box office recovery, with the 2024-2025 season earning a record $1.9 billion, highlighting Broadway's economic importance and the unions' leverage in negotiations.
Boeing has reached a tentative labor agreement with its defense union, which includes wage increases and a signing bonus, pending a final vote by union members. The deal aims to end a strike by about 3,200 union workers supporting defense operations, with voting scheduled for Friday. Boeing's stock fell slightly following the announcement.
Thousands of Boeing workers at three manufacturing plants went on strike after rejecting a proposed four-year labor agreement that included a 20% wage increase, citing dissatisfaction with the offer and ongoing company struggles following recent plane crashes and financial losses.
Approximately 3,200 IAM Union members at Boeing facilities in St. Louis and surrounding areas rejected a proposed four-year labor agreement, leading to a strike beginning August 4, 2025, as they seek a contract that reflects their skills and contributions to national defense.
Philadelphia's largest public sector union and the mayor reached a tentative three-year deal ending an eight-day strike that disrupted trash collection and city services, with a proposed 14% pay increase for union members over four years, pending ratification by union members.
The New York Times Tech Guild has ended its strike after reaching a labor agreement with the company, marking a resolution to the dispute over working conditions and pay.
Around 600 software testers at Activision have formed the largest union in the U.S. video game industry, following a labor agreement negotiated as part of Microsoft's $69 billion acquisition of Activision. The union, named Activision Quality Assurance United-CWA, seeks higher wages and more career opportunities for its members. This move comes amidst a growing trend of labor organizing in the tech industry, with QA workers at Activision emphasizing the need for better labor protections and recognition of their essential role in game development.
Stellantis workers represented by the United Auto Workers are set to receive profit-sharing checks averaging $13,860, a 6.1% decrease from last year, based on the automaker's 15.4% adjusted operating income margin in North America. The payout, to be distributed to approximately 38,000 eligible employees, reflects the company's commitment to rewarding its workforce for their contributions to its financial success. This stands as the largest profit-sharing compared to its Detroit competitors, with General Motors Co. paying up to $12,250 and Ford Motor Co. at $10,416 to eligible hourly workers.
Southwest Airlines pilots have approved a new five-year labor agreement that includes a 50% pay raise over the period. The deal, valued at $12 billion, addresses issues such as pay, retirement benefits, disability insurance, and scheduling. This move comes as airlines compete to attract and retain pilots in the post-pandemic travel rebound. The hefty pilot contracts have also led to other work groups seeking similar gains, as seen with Southwest flight attendants rejecting a proposed contract last month.
Southwest Airlines pilots have approved a new five-year labor agreement that includes a 50% pay raise over the period. The deal, valued at $12 billion, also addresses retirement benefits, disability insurance, and scheduling. This move comes as airlines seek to attract and retain pilots in the post-pandemic travel rebound, following similar contract approvals at other major carriers.
Southwest Airlines pilots have approved a new five-year labor agreement that includes a 50% pay raise over the period. The deal, valued at $12 billion, will provide immediate pay increases of 29.15% for pilots, with additional hikes in the following years. This move comes as airlines seek to attract and retain pilots in the post-pandemic travel rebound, following similar contract ratifications at other major carriers.
Southwest Airlines and its pilots' union have reached a preliminary labor agreement, marking the end of contentious negotiations. The deal, worth approximately $12 billion over five years, includes significant pay raises for pilots. This agreement makes Southwest the last major U.S. airline to secure a deal with its pilots. The contract still needs to be approved by the pilots. Other major airlines, including American, United, and Delta, have already finalized pilot deals this year, offering substantial pay increases and addressing concerns about working conditions.