"Utility company Con Edison imposed the lockout as part of its scheme to extract huge bargaining concessions from utility workers. The concessions included demands to eliminate the existing retirement plan for new employees and impose additional healthcare costs on all workers. The utility giant has made these demands despite posting $US1.1 billion in net profits last year."
8,500 utility workers locked-out in New York | Industriall
Can anyone say class warfare? What are your thoughts?