- A group of Microsoft Corp MSFT employees voted to mark the debut of the software company's labor union in the U.S.
- The group comprises about 300 quality-assurance testers in Microsoft's ZeniMax unit, the Communications Workers of America, which is representing it, said the Wall Street Journal reports.
- In June, Microsoft disclosed its acceptance of labor unions.
- Microsoft also agreed to support workers' unionization at Activision Blizzard, Inc ATVI lest the deal held good. Microsoft announced plans to buy Activision a year ago for $75 billion.
- "Microsoft has lived up to its commitment to its workers and let them decide for themselves whether they want a union," CWA President Chris Shelton said.
- Contrastingly, Amazon.com Inc AMZN contested workers' unionization efforts.
- Other big companies where new groups of workers jumped the unionization bandwagon included Apple Inc AAPL, Starbucks Corp SBUX, Trader Joe's, Recreational Equipment Inc and Chipotle Mexican Grill, Inc CMG.
- Price Action: MSFT shares traded lower by 2.66% at $233.20 premarket on the last check Wednesday.
- Photo via Pixabay
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in