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Stock impact report

Exxon tells Texas refinery workers lockout will end if contract approved or union removed [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
United Steelworkers union members picket outside the Exxon Mobil Beaumont, after being locked out of the plant by the company, in Beaumont, Texas, U.S., May 1, 2021. REUTERS/Erwin Seba HOUSTON, Oct 17 (Reuters) - Exxon Mobil Corp (XOM.N) on Sunday told workers at its Beaumont, Texas, refinery their six-month lockout will end if they ratify the company's contract offer or remove the United Steelworkers union (USW) as their representative. "As we have told the Union, the conditions which would end the lockout remain the same: the company will end the lockout when we have a signed, ratified agreement," Exxon said in a message posted on-line. "This has not changed, and anything said to the contrary is untrue. Additionally, if employees were to decertify, the company would return employees to work." Decertification is the process to remove a union from representing employees at a given location. The U.S. National Labor Relations Board (NLRB) is reviewing a petition signed by at least 30% o Show less Read more
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