Boston, MA – General Electric workers will be spending this Valentine’s Day demonstrating at the company’s corporate headquarters in Boston, appealing directly to GE board members amidst plans from corporate raiders to tear GE into three separate entities. The demonstrations are part of a series of GE worker actions across the country on Valentine’s Day, and come on the heels of Sens. Warren, Markey, and Rep. Moulton demanding GE reverse course on its plans to offshore and outsource 82 jobs from their unionized Lynn factory.
What: Rally of GE workers, Massachusetts AFL-CIO and leadership, plus dozens more union members and allies from across Boston at General Electric’s headquarters
When: Noon, 12:00 PM ET, Monday, February 14, 2022
Where: General Electric Headquarters, 5 Necco Street, Boston, MA
Who: General Electric workers represented by IUE-CWA, Massachusetts AFL-CIO President Steve Tolman, Greater Boston Labor Council Executive Secretary-Treasurer Darlene Lombos, members of the New Lynn Coalition, and more
What: Rally of GE workers, Massachusetts AFL-CIO and leadership, plus dozens more union members and allies from across Boston at General Electric’s headquarters
When: Noon, 12:00 PM ET, Monday, February 14, 2022
Where: General Electric Headquarters, 5 Necco Street, Boston, MA
Who: General Electric workers represented by IUE-CWA, Massachusetts AFL-CIO President Steve Tolman, Greater Boston Labor Council Executive Secretary-Treasurer Darlene Lombos, members of the New Lynn Coalition, and more
Visuals: GE workers protesting and handing out leaflets with signs, shirts, and banners with broken hearts saying “Don’t let private equity break us up”; a barbershop quartet performing on a flatbed truck stage
Why: Unionized General Electric workers are taking action across America, taking aim at the outsized influence of the hedge fund Trian and the role it and billionaire board members with ties to private equity have had in the new decision to split apart the GE company. This Valentine’s Day, they are demonstrating at the company’s national headquarters in Boston as they urge GE: “Don’t let private equity break us up!”.
To date, GE executives failed to answer how the new scheme to split the company would impact its domestic union manufacturing workforce, from which GE has been divesting jobs for decades, or union-negotiated benefits including retirements and pensions. The decision to split into three separate entities is not set for shareholder vote, and can still be reversed to reinvest in domestic union manufacturing instead.
Despite receiving billions in taxpayer funding, for decades General Electric has been offshoring and outsourcing union domestic manufacturing jobs, leaving devastating impacts on local communities across the country that have been integral to the success garnered by the manufacturing giant today.
Why: Unionized General Electric workers are taking action across America, taking aim at the outsized influence of the hedge fund Trian and the role it and billionaire board members with ties to private equity have had in the new decision to split apart the GE company. This Valentine’s Day, they are demonstrating at the company’s national headquarters in Boston as they urge GE: “Don’t let private equity break us up!”.
To date, GE executives failed to answer how the new scheme to split the company would impact its domestic union manufacturing workforce, from which GE has been divesting jobs for decades, or union-negotiated benefits including retirements and pensions. The decision to split into three separate entities is not set for shareholder vote, and can still be reversed to reinvest in domestic union manufacturing instead.
Despite receiving billions in taxpayer funding, for decades General Electric has been offshoring and outsourcing union domestic manufacturing jobs, leaving devastating impacts on local communities across the country that have been integral to the success garnered by the manufacturing giant today.