GE Reaches Tentative 4-Year Deal With Unions

GE Union Deal
GE Union Deal

General Electric Co. reached a tentative, four-year national labor contract Sunday with two key unions that cover more than 15,000 GE workers, or about 11 percent of its U.S. employees.

The tentative deal follows four weeks of negotiations, over issues such as healthcare costs, between the largest U.S. conglomerate and the International Union of Electric Workers/Communications Workers of America (IUE-CWA) and United Electrical, Radio and Machine Workers of America (UE).