Transit officials insist that the union givebacks are essential for its financial well-being. |
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Management is seeking sweeping demands for increased workloads, wage and benefit concessions and other givebacks. |
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The only holdout could be the mechanics union, which has put up the most resistance to more givebacks, Masters said. |
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More layoffs may be in store, he said, and those workers unable to stomach additional givebacks should look for new jobs. |
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In return for these givebacks, the company offered only a 9 percent pay increase over three years. |
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And, while there have been givebacks, labor and labor costs can still slow changes the airlines want to make. |
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Workers were told that enormous givebacks were necessary in order to keep the company solvent. |
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One example is the auto and truck industry, where marketing is focused on zero-coupon financing and cash givebacks. |
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What, though, will workers get for the latest round of givebacks? |
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It is also reportedly considering the establishment of a two-tier system of employee benefits, cuts in dental and optical benefits for city workers, and other givebacks. |
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There could have been givebacks and rights increases if necessary. |
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These include substandard pay and benefits for new-hires, drastic givebacks in health and pension benefits, reductions in premium pay, and the gutting of work rules. |
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They've grown addicted to the cash flow from sales fueled by financing and hefty rebates, and they've trained customers to expect a steady diet of the givebacks. |
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As of press time, the BBA givebacks were slated for possible floor action in September. |
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From the givebacks that I got here, without having anything, that was my giveback. |
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