Sunday, June 17, 2007

GE reaches tentative labor agreements with unions

(Reuters) - The tentative agreements were reached Sunday after four weeks of bargaining between GE and the IUE-CWA and the United Electrical, Radio and Machine Workers of America . Terms of the new contracts will be extended to nine other unions that have local contracts with GE.




GE's existing four-year national contracts with the IUE-CWA and the UE expire at midnight on Sunday. GE said the tentative new agreements will provide significant improvements in wages, pensions and benefits.


Read more at Reuters.com Business News

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