Posts tagged bankruptcy
JD Vance Courts Sean O’Brien and the Teamsters
June 1, 2026 // Mr. O’Brien is desperate for a win in Washington to sell to his 1.3 million members as he runs for re-election. Some Republicans in Congress seem eager to give him one—maybe two—as they seek to burnish their bona fides as defenders of the working class. These Republicans are doing more to help Democrats—the primary beneficiaries of Teamster campaign donations—than workers. The Teamsters’ membership has shrunk by nearly half since the 1970s amid a broader decline in organized labor. Technology has improved productivity. At the same time, jobs have migrated to states with right-to-work laws, which prohibit unions and employers from making union membership a condition of employment. The Teamsters have also lost rank-and-file support. Between 2016 and 2025, members filed 373 petitions to decertify the Teamsters, according to Reason magazine. Some 60% of the decertification elections succeeded. You can’t blame union members for wearying of paying dues that bankroll Democratic candidates and lavish lifestyles of union leaders. In the 2023-24 election cycle, 92% of Teamsters PAC donations to federal candidates went to Democrats, as did 91% of the union’s contributions to party committees.
Faster Labor Contracts Act would silence workers’ voices and empower bureaucrats
May 28, 2026 // While forced arbitration for union contracts would be new in the private sector, there is a corollary in the public sector called “interest arbitration” that some states most frequently apply to police and firefighter labor disputes. It’s not entirely analogous because a government that imposes forced arbitration is also the employer and thus part of the contract negotiations. Moreover, governments aren’t subject to the same bottom line as private sector companies because, unlike businesses, states generally can’t go bankrupt. Nevertheless, interest arbitration contracts have burdened state and local governments, arguably contributing to rising property tax rates in New Jersey, unfunded pensions in Chicago, and even municipal bankruptcy in Detroit.
Republicans must not help Democrats gut workplace democracy
April 29, 2026 // If they can’t reach an agreement in time, the federal bureaucrats would force the creation of an arbitration panel, which would then unilaterally impose a collective bargaining agreement. But workers wouldn’t be allowed to vote for the contract, even though it dictates the terms of their employment. Voting on a contract is standard practice precisely because it lets workers make their voice heard and control their future. Before Cassidy named the bill, he described what it would do. The shop steward replied that taking away the contract vote would mean “removing democracy from the workplace.” He then said that democracy “is the whole point of the union.” The shop steward may not have known then that the senator was describing a proposal that his own union supports. But he was absolutely right: Forcing a contract on workers without a vote is the opposite of workplace democracy.
Oakland Schools, Teachers Union Reach Deal, Avert Strike
March 1, 2026 // Last summer, it just regained local control after 20 years in state receivership. Without factoring in the price of the new deal, OUSD is eyeing $102 million in cuts by June. Interim Superintendent Denise Saddler told the school board this week that without those reductions, “we won’t be able to pay all the people on our payroll in the fall. We don’t have the money in the budget for next year.” On Wednesday, OUSD approved cutting nearly 400 staff positions, including 180 filled by OEA members, through early retirement buyouts, elimination of vacant positions, and layoffs. Altogether, that is estimated to save about $11 million annually
Spirit Airlines unions agree to pay cuts for flight attendants, pilots
November 19, 2025 // The Air Line Pilots Association said it has agreed to Spirit's plans to reduce hourly pay by 8% and slash its retirement account contributions by half from 16% to 8%. The amended collective bargaining agreement will last from the beginning of 2026 through the end of 2027. The airline agreed to incrementally restore the pilots' pay starting in August 2028 with a 4% raise and then another 4% in January 2029. Retirement contributions will return to 16% by July 2029.
Revived Lawsuit Could Hold Teamsters Accountable for Yellow Trucking’s Bankruptcy
November 17, 2025 // Teamsters President Sean O’Brien called Yellow’s CEO a “greedy piece of sh*t,” and spent the company’s last days sending him insulting and childish text messages – even though the jobs of 22,000 Teamsters hung in the balance.
Op-ed: The Bad Teamsters Bargain With UPS
October 30, 2025 // Businesses that lose money and are uncompetitive won’t survive. See trucking company Yellow Corp., which filed for bankruptcy in 2023 in part owing to Mr. O’Brien’s labor militancy. Mr. O’Brien refused concessions and tweeted an image of a tombstone “Yellow: 1924-2023.” UPS doesn’t want to be Mr. O’Brien’s next victim. The Teamsters boss has insisted that its contract requires UPS to create 30,000 jobs. He hasn’t read the fine print—or is misleading his members. UPS merely committed to giving part-time employees a chance to apply for some full-time job openings. If UPS reduces job openings, workers don’t have an opportunity to fill them.
Opinion: Hochul must shame LIRR unions —by revealing their outrageous strike demands
September 15, 2025 // The agency’s overtime spending regularly stands out by national standards (only periodically rivaled by the MTA’s other big rail outfit, Metro-North, which is stuck operating under the federal law that governs the LIRR). LIRR employees in 2023 made an average of more than $26,000 each in overtime alone.
Holy Family Hospital’s Allied Health Professionals Consider Union
June 12, 2025 // Markman said the hospital’s human resources department sent a flier to those eligible to vote seeking to undermine the unionizing campaign. The flier, “Collective Bargaining Union Promises vs. the Facts,” says that unions make promises they have no power to enforce. “Under a union contract, you could end of with the same, more or less than you have now,” it reads. Markman said the nurses union is evaluating whether the flier rises to the level of an unfair labor practice. In the meantime, the union countered with its own flier.
Foreign aid freeze results in mass layoffs that could ‘crash’ the industry
February 5, 2025 // The U.S. is the largest provider of humanitarian assistance globally, deploying billions of dollars through multiple agencies, including the U.S. Agency for International Development. The majority of USAID’s funds are awarded competitively through contracts, grants or cooperative agreements with international development groups and private federal contractors.