GE reaches tentative labor agreement with U.S. unions

Reuters News
Posted: Jun 22, 2015 10:50 AM

(Reuters) - General Electric Co said it has reached tentative agreement with its two biggest U.S. unions on a four-year national labor contract after three weeks of talks.

The agreements were announced late Sunday night with the IUE-CWA and the United Electrical, Radio and Machine Workers of America.

GE said the unions affected by the agreements represent about 16,500 employees, or about 12 percent of the U.S. conglomerate's 136,000 U.S. workers reported by GE as of the end of 2014.

Union delegates are expected to meet this week to decide whether to submit the agreement to members for a ratification vote, the company said.

(Reporting by Lewis Krauskopf in New York; Editing by Jeffrey Benkoe)