Archives pour la catégorie XBlog

Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Must Resolve by Monday

Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a brand new medical offer, or it is off the table for good. That’s the word this week through the Atlantic City casino’s owner, Icahn Enterprises.

Striking union workers outside the Trump Taj Mahal in Atlantic City also demonstrated outside Donald Trump’s ny offices this week.

The strike at the Taj has been ongoing since July 1, when around 1,000 bar staff, chefs, porters, and cleaners, organized by Local 54 of the Unite-HERE union, walked off the premises in protest at the loss of healthcare and pension benefits friday.

Action continued on the Independence that is normally lucrative Day and has shown no indications of abating. Organizers have said the plan offered up by the casino’s management represents ‘a shadow’ of the health care great things about other Atlantic City casino workers, and that industrial action will continue for ‘as long since it takes.’

Rightsized Benefits

Carl Icahn rescued the Taj from chapter 11 bankruptcy in 2014. The billionaire corporate raider and activist investor agreed to take on nearly all its $286 million debt as part of the purchase agreement.

He also promised to turn that debt into equity and to take a position into the property, but only if Atlantic City as well as the courts granted him the short-term cessation of worker pension and health care benefits.

The c Continuer la lecture