A.111
2022-06-22

President Joe Biden has praised $Apple(AAPL.US)$ workers who voted to form a union in Maryland.


What Happened: "I am proud of them," Biden said on Monday, adding that workers have a "right to determine under what condition they are going to work or not work," reported Reuters.


"Everybody is better off, including the final product is always better off (because of unions)."


Why It Matters: On Monday, Apple workers at a Maryland retail store became the first to unionize. In a letter to the company's CEO Tim Cook they said, "To be clear, the decision to form a union is about us as workers gaining access to rights that we do not currently have."


Apple workers at the tech giant's Grand Central Terminal store in New York City are also taking steps to form a union.


The iPhone maker took steps like pasting copies of a letter outlining worker benefits in store backrooms to convince its employees not to unionize.


Apple managers were instructed to tell employees that if they form a union they would have to do with "fewer opportunities" and "less flexibility," according to a prior report.

$Apple(AAPL)$$Nasdaq 100 Trust(QQQ)$


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Comments

  • ElvisMarner
    2022-06-23
    ElvisMarner
    Thanks for your excellent post.
  • mac0racle
    2022-06-22
    mac0racle
    Thanks for sharing
  • BenjiFuji
    2022-06-22
    BenjiFuji
    Interesting, thanks
  • Rookie22
    2022-06-22
    Rookie22
    apple good
  • kimC
    2022-06-22
    kimC
    political action
  • YueShan
    2022-06-22
    YueShan
    Good ⭐⭐⭐
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