Wal-Mart warning managers of labor bill
Friday August 1, 10:24 am ET NEW YORK (Reuters) - Wal-Mart Stores Inc (NYSE:WMT - News) said on Friday it has held meetings with U.S. store managers warning them of issues that could arise if Democrats win power and pass a law that would make it easier for workers to unionize, but stressed it was not telling workers how to vote.
Wal-Mart opposes proposed legislation called the Employee Free Choice Act, which would make it easier for workers to unionize by signing a card rather than holding a vote.
"We believe EFCA is a bad bill and we have been on record as opposing it for some time," Wal-Mart spokesman David Tovar said. "We feel educating our associates about the bill is the right thing to do."
The Wall Street Journal reported that about a dozen employees who attended meetings in seven states said executives told them employees would be required to pay hefty union dues and get nothing in return, and warned that unionization could force Wal-Mart to cut jobs as labor costs rise.