Posts tagged acquisition
CBS News Digital Staffers Say Fight for Contract Improvements Continue a Year After WGA Unionization
June 20, 2025 // The unionized journalist, editors and social media producers call on management to meet “in good faith” ahead of their current last scheduled bargaining date of June 24
Hundreds of U.S. Steel workers rally in Clairton in support of Nippon deal
December 14, 2024 // Some speakers took aim at United Steelworkers union leaders, who have maintained opposition to the deal. USW president Dave McCall has continued to say that there aren’t enough guarantees in writing for the company’s union workers. Kurt Barshick, the vice president of U.S. Steel’s Mon Valley Works, said that the hundreds of workers who showed up for the rally were the true voices of the company’s union workers, and that they favored the deal. He suggested that union leadership was overly focused on a separate, less generous acquisition offer made by Cleveland Cliffs Steel.
Commentary: Biden’s FTC Seeks To Protect Union Workers Through M&A Challenge
March 25, 2024 // For Kroger and Albertsons, the FTC claims that the companies aggressively compete with one another to hire and retain grocery workers, principally through collective bargaining negotiations with unions. The FTC claims that this competition results in higher wages, better benefits, and improved working conditions for employees. The proposed acquisition would eliminate or greatly curtail this competition, threatening the ability of hundreds of thousands of grocery store workers to secure stronger contracts with improved wages and benefits.
Union, hospital workers voice concerns over proposed WHS-UPMC merger
October 6, 2023 // Petro said her husband, sister, and nephew work at WHS. “If UPMC takes over and cuts wages, benefits or staffing, you see how that won’t just be a problem for me, it will upend my entire family,” said Petro. She noted SEIU Healthcare Pennsylvania’s recent complaint filed with the Department of Justice alleging UPMC, the largest private employer in the state, is abusing its position to suppress wages, increase workload, and keep workers from departing to other jobs. “A UPMC takeover will not be good for Washington. We can do better. We have to do better, for the 2,000 employees and their families that count on Washington Health System for their livelihoods,” said Petro. “In the Lehigh Valley, an MRI at St. Luke’s costs $650 whereas at the (Lehigh Valley Health Network), it costs $2,010. Good data suggests this price variation and the ability to command higher and higher prices by acquiring local hospitals is one of the key drivers of consolidations,” Gabriel said. “Larger hospitals want to get bigger and bigger and that’s important to note because frequently the reason they give for consolidation is lowering our health care costs.”