From the AFL-CIO:
More than 3,500 people sent a letter to support striking Gemtron workers whose hard-earned pensions are at risk of unilateral elimination, and it helped move negotiations forward. But now management is dragging its feet.
Can you help support the workers? Call 262-235-7524 to ask management at Trive Capital, the venture capital firm that owns Gemtron and its direct parent company, SSW Advanced Technologies, to do the right thing and stop using pension funds to attack Gemtron workers’ hard-earned retirement.
Gemtron workers are holding an unfair labor practice strike to protest management’s attempt to eliminate their pensions. For years, they accepted concessionary contracts to protect their hard-earned retirements.
Private equity firms like Trive routinely beg for union pension dollars to fund their ventures, but then turn around and spend those same dollars to attack the very unions and pensions that are funding them in the first place.
It’s ironic and disturbing, and it is hurting middle-class working people. That’s why we need your help. Thank you for making a call to help these workers.
In Solidarity,
Team AFL-CIO
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