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Reuters U.S. Scribes Stage On-Day Strike Over Pay Issues
- By The Financial District
- Aug 6, 2022
- 2 min read
Reuters on Wednesday (Thursday, August 4, 2022, in Manila) alerted customers that its US journalists planned to go on strike in response to ongoing contract negotiations between management and the NewsGuild, which represents its unionized staff, Sarah Fischer reported for Axios.
Photo Insert: Nearly 300 Reuters journalists are walking off the job for 24 hours on Thursday "in protest of management's slow-walking contract renewal negotiations," according to the union.
It's the first time in over 30 years that Reuters' unionized staff have prepared a strike over contract negotiations, NewsGuild revealed. Nearly 300 Reuters journalists are walking off the job for 24 hours on Thursday "in protest of management's slow-walking contract renewal negotiations," according to the union.
The walk-off includes journalists from seven bureaus around the US. Many more journalists are expected to join them in various protesting efforts, including picketing across from Reuters News US headquarters on Times Square.
The journalists are protesting management's offer of a guaranteed annual wage increase of only 1%, which they argue "would effectively mean a pay cut given the soaring cost of living," the statement read.
The NewsGuild alleges Reuters management has failed to engage with journalists "and used stalling tactics in renewing their collective bargaining agreement, which expired nearly 20 months ago, on December 14, 2020." It said it filed an unfair labor practice charge with the National Labor Relations Board (NLRB) on Monday.
The walkout occurred on the same day as the company’s quarterly earnings report. Reuters beat Wall Street expectations on earnings and raised its full-year revenue forecast.
"While we reporters are called away from our families in the middle of dinner, something we gladly do for the job, Reuters executives sit in the comfort of their home offices managing the profits we bring in for the company," Reuters video reporter Julio-César Chávez noted in the NewsGuild statement.
