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Home Stock Market

Kellogg Union Says It Can’t Recommend Latest Contract Offer : stocks

by TheWealthRace
November 4, 2021
in Stock Market
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(Bloomberg) — A union representing hanging staff at cereal big Kellogg Co. stated Wednesday it might’t advocate the most recent provide from the corporate after concluding a spherical of talks.

Negotiations between Kellogg and the union ended “at 5:19 p.m. after the corporate gave us their final, greatest and ultimate provide,” the Bakery, Confectionery, Tobacco Employees and Grain Millers Worldwide Union stated in a message considered by Bloomberg Information. “We can’t advocate this provide and won’t deliver it again for the membership to vote on.”

“The union continues to insist on proposals which are unsustainable and unrealistic,” Kellogg stated in an announcement. “They’ve proposed including prices that may threaten the long run success of our vegetation and cereal enterprise.”

The corporate stays prepared and prepared to think about any practical presents from the union, in accordance with the assertion.

The announcement marks a stalemate in efforts to finish a monthlong strike by roughly 1,400 unionized cereal staff. It its assertion, the union stated it “will proceed this battle so long as it takes,” suggesting a a chronic battle as staff take a look at their energy amid widespread labor shortages and rising wages.

The strike impacts vegetation in Omaha, Nebraska; Battle Creek, Michigan; Lancaster, Pennsylvania; and Memphis, Tennessee. The areas produce cereal manufacturers equivalent to Rice Krispies, Raisin Bran, Froot Loops and Frosted Flakes.

https://www.bnnbloomberg.ca/kellogg-union-says-it-can-t-recommend-latest-contract-offer-1.1676662



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