• AutoTL;DR@lemmings.worldB
    link
    fedilink
    English
    arrow-up
    1
    ·
    9 months ago

    This is the best summary I could come up with:


    Workers who make Bud Light and other top-selling beers are threatening to strike in demand of significant wage increases, job security and improvements to retirement and benefits in the first big union contract battle of 2024.

    Elected in 2022, O’Brien led the union in securing record contract gain at UPS last year amid threats of a massive strike.

    Anheuser-Busch brews some of the best-selling beer products on the US market, including Budweiser products, Michelob Ultra, Busch and Stella Artois, with US breweries in Baldwinsville, New York; Cartersville, Georgia; Columbus, Ohio; Fairfield, California; Fort Collins, Colorado; Houston, Texas; Jacksonville, Florida; Los Angeles, California; Merrimack, New Hampshire; Newark, New Jersey; St. Louis, Missouri, and Williamsburg, Virginia.

    Parent company AB InBev makes around a quarter of all beer drunk globally and reported profits of over $32bn in fiscal year 2023, a 1.97% increase from 2022.

    The company announced a $1bn stock buyback program in October 2023 over the next year and launched a sponsorship campaign with the UFC in the same month valued at over $100m.

    Unfortunately, with the concessions we made throughout the years, a two-tier in medical benefits and slight wage increases, we really let Anheuser InBev get a stronghold on the work we’ve accomplished,” said Arroyo.


    The original article contains 828 words, the summary contains 206 words. Saved 75%. I’m a bot and I’m open source!