jump to navigation

Victory for the Workers! December 11, 2008

Posted by Kate Ryan in Economy, National Politics, Unions.
Tags: , , ,
trackback

republicWord has been received that the workers at Republic Window and Door in Chicago have ended their sit-in protesting the layoff that left them without $1.5 million in compensation owed to them by the company.  The LA Times reports that the workers have agreed to a deal that will leave them with about $6,000 each in severance and unused vacation compensation.  After 15 hours of negotiations, Bank of America and JP Morgan Chase agreed to lend the money to Republic to make good on its obligations.

Make no mistake, B of A was not being charitable here.  This worker occupation was a PR nightmare for B of A, considering it got a $25 billion hand-out from the government, yet refused to lend the money to help out these workers.

Congratulations to the workers and their union.  And thanks to all of you who supported them through your phone calls and e-mails to Bank of America.  Let’s hope that this action by the workers at Republic Window and Door is the harbinger of better times to come for our unionized workers.

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: