About 22,000 employees of major American steel manufacturer USX stopped work from August 1st, 1986 to January 31, 1987 after the United Steelworkers of America and the company failed to agree on new employee contract terms. This event was characterized by the company as a strike and by the union as a lockout. This resulted in most USX facilities becoming idle until February 1st, 1987, seriously degrading the steel division's market share. A compromise was brokered and accepted by the union membership on January 31, 1987.[1]
On February 4, 1987, 3 days after the agreement had been reached to end the work stoppage, USX announced that 4 USX plants would remain closed permanently, eliminating about 3,500 union jobs.[1]
References
- ^ a b Nash Jr., Bradley (2000-04-19). "Labor Law and the State: The Crises of Unions in the 1980s. PhD thesis in sociology".