GE secures four-year labor deal with unions for 6,600 workers [Reuters (UK)]
GE Aerospace (GE)
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Source: Reuters
GE secures four-year labor deal with unions for 6,600 workers - Reuters 1 Min Read NEW YORK (Reuters) - General Electric Co ( GE.N ) has clinched a labor deal with all 6,600 of its unionized workers in the United States, averting potential strikes that could have hit the ailing conglomerate’s jet engine production, the company and unions said on Wednesday. Voting in recent days, union locals approved a four-year contract governing electrical workers, machinists, steelworkers, autoworkers, Teamsters and engineers, the two sides said. “We now have a ratified four-year labor agreement with all of our unions,” GE spokesman Jeff Caywood said in a statement emailed to Reuters on Wednesday. Representatives of the IUE-CWA, the union that took the lead in negotiations, were not immediately available to comment. A statement posted on Wednesday on the union’s website said all locals had approved the deal and 77 percent of members had voted. GE improved its contract offer after workers narrowly
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