Posted 2/29/2024, 2:37:30 AM
Teamsters and Anheuser-Busch Reach Tentative Deal, Averting Planned Strike
- Teamsters union reached tentative deal with Anheuser-Busch, likely averting strike planned for Friday
- Deal includes $8/hr wage increase over 5 years and "significant" job security protections
- Workers to get $2,500 ratification bonus, increased pensions, end to two-tier health care system
- Comes amid period of heightened labor activism with 33 major strikes in 2023
- Anheuser-Busch has history of automating and cutting Teamsters jobs, pressing concern in negotiations