UAL Machinists Say Agree to Work on Cuts

UAL on Friday said they are currently talking with management about participating in $5.8 billion in labor savings over 5-1/2 years.

"Those talks are ongoing today and they are progressing well," said Joe Tiberi, spokesman for the International Association of Machinists.

http://biz.yahoo.com/rb/021018/airli...hinists_1.html

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In other labor news today:

Four unions say they've agreed to cut $1 billion annually

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