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0.000160875160875129 0.000321750321750258 0.000723938223938251 0.00217181467181464 0.00185006435006438 0.00305662805662802 0.00217181467181464 0.0039414414414414
Stock impact report

Union offered Exxon six-year deal with no raise first year - sources [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
Union offered Exxon six-year deal with no raise first year - sources By Erwin Seba 2 Min Read HOUSTON (Reuters) - United Steelworkers union negotiators bargaining for a new contract at an Exxon Mobil Texas refinery offered a six-year deal with no pay raise in the first year, people familiar with the talks said, shortly before 650 workers were locked out of their jobs. The Local 13-243 proposal would match raises in the second through sixth years to those set by national labor negotiations that have yet to be held, the people said. The two sides have not swapped new proposals since the May 1 lockout, the people said. The Beaumont plant’s union workers were ushered out after Local 13-243 officials refused Exxon’s call for a vote on the company’s April 20 labor proposal, details of which have not been disclosed. The 2,700-acre Beaumont complex is Exxon’s third-largest U.S. refinery and produces gasoline and Mobil 1 motor oil. It continues to operate with managers and replacement workers Show less Read more
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