Almost 300 journalists at Reuters will stroll off the job Thursday for twenty-four hours in protest of administration’s slow-walking contract renewal negotiations, the primary main labor motion by journalists on the firm in additional than 30 years.
Journalists are anticipated to stroll out and maintain rallies at seven Reuters bureau workplaces — Washington, D.C., New York, San Francisco, Los Angeles, Houston, Chicago, and Boston.
Journalists are protesting administration’s provide of a assured annual wage enhance of only one%, which might successfully imply a pay reduce given the hovering price of residing. T
he firm’s income are at document highs: because the finish of 2017, the corporate’s money from working actions has totaled about $6.3 billion and its dividend has risen by almost 29%. But administration’s newest provide, along with the 1% assured wage enhance, additionally consists of zero retroactive pay for the almost two and a half years since its final basic wage enhance in March 2020.
“For the previous two years we now have been risking our lives, placing our bodily security and well being on the road reporting the information that makes Reuters the most effective information company on this planet,” mentioned Julio-César Chávez, a video reporter at Reuters, in an announcement. “Whereas we reporters are referred to as away from our households in the midst of dinner, one thing we gladly do for the job, Reuters executives sit within the consolation of their house workplaces managing the income we usher in for the corporate. I’m strolling out right now as a result of our work is what powers the success of Reuters, and we need to be compensated adequately for it.”
Administration has didn’t even have interaction with journalists and stalled in renewing their collective bargaining settlement, which expired almost 20 months in the past, on Dec. 14, 2020. Administration has additionally refused to schedule a single bargaining date in August.
Journalists proposed 15 bargaining dates in August, all of which had been rejected by administration.
On Monday, the NewsGuild filed an Unfair Labor Observe cost with the Nationwide Labor Relations Board in response.
The walkout will come on the day of Reuters’ quarterly earnings name, the place the corporate is anticipated to announce sturdy income.