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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: reaper who wrote (200699)10/28/2002 6:57:54 PM
From: Dr. Jeff  Read Replies (1) of 436258
 
GE Workers May Strike
Tara Murphy, 10.28.02, 5:15 PM ET

NEW YORK - In the news this hour, General Electric (nyse: GE - news -
people ) says 14,000 workers could hit the picket lines early next year, after
their union favored a strike if GE raises their out-of-pocket medical costs.

The electronic workers union that represents half of GE's unionized labor
force voted in favor of authorizing a strike if GE calls for co-payment increases
to take effect Jan 1. General Electric says the right to raise co-payment costs
is part of the workers contract, which expires on June 15, 2003. If the workers
strike, it would be the first national strike at GE since 1969.

forbes.com
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