Wednesday, June 3, 2009

AMD GlobalFoundries Labor Deal, "Reality" ?


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Video Courtesy Of News Channel 13 www.wnyt.com
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GlobalFoundries Labor Agreement to be Signed This Week (See Here)
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Chip Fab Deal Includes Union Pay
GlobalFoundries Pact With State Opens Way For $1.2B In Cash,
Tax Breaks; $15M More For Unplanned Costs (See Article Here)

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1 comments:

RichardDorrough said...

Reality?? The only ones in never never land it seems are the Local 370 Officers. It has been reported in the Times Union 3 Times,Business Review 2 Times,AFL CIO Web site,Building and Trades Web site.Interview with Malloy. Bullard gave a statement today that it was s done deal and just about all the signatures are in place. So if the Never Never land pilots at 370 still do not have a clue then consider the source. By the way Where did YOU hear it FIRST???
Some Details. 3% or 4 % cap on raises over the 5 years. 20% of the work force not covered under collective bargaining. Another 7% can be added to that if the LOCALS are unable to do the work. NO STRIKES OR WORK SHUTDOWNS clause in the PLA.

Also. The move by the members to remove these people IS THE WAY to go.