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Stock impact report

'Enough's enough': tight U.S. job market triggers strikes for more pay [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
By Ben Klayman 7 Min Read Oct 18 (Reuters) - Thousands of workers remain on strike across the United States demanding higher pay and better conditions despite Hollywood make-up artists and camera operators reaching a deal over the weekend to avoid a walkout, and the tight jobs market has only emboldened them. Kevin Bradshaw is an employee at Kellogg Co’s cereal plant in Memphis, Tennessee, where most of North America’s Frosted Flakes are made. He feels anything but great about cuts to healthcare coverage, retirement benefits and vacation time that union officials say the company is pushing for from about 1,400 workers on strike since Oct. 5 at plants in Michigan, Nebraska, Pennsylvania and Tennessee. “Enough is enough,” said Bradshaw, vice president of Bakery, Confectionary, Tobacco Workers and Grain Millers International Union Local 252G at the Memphis plant. “We can’t afford to keep giving away things to a company that financially has made record-breaking returns.” Some 60,000 behi Show less Read more
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