TECH - Biden's Push For Unionization Faces New Challenge In Semiconductor Industry: Report | Benzinga
President Joe Biden faces another test of his commitment to revitalizing U.S. manufacturing and boosting organized labor, as unions turn their attention to the semiconductor industry.
The Communications Workers of America (CWA), representing around 700,000 tech and media professionals, is preparing for negotiations on a labor peace agreement with Micron Technology Inc. (NASDAQ:MU), Bloomberg reports.
Micron’s $50 billion investment in two New York factories, funded by the 2022 Chips and Science Act, marks a significant step.
The project could eventually expand to $100 billion over two decades and create up to 9,000 jobs. This agreement, if successful, would prevent picketing or strikes by the CWA while ensuring Micron refrains from anti-union activities.
Labor unions are leveraging ...