Wells Fargo Cheats Union Families By Cutting Off Health Care
Last week, I wrote about workers who were fighting back against Wells Fargo after the bank cut off credit to Quad City Die Casting factory on Moline, Ill., causing the factory to close. This week Wells Fargo has cut off health care benefits to the workers, which the workers say violates federal labor laws.
The United Electrical, Radio and Machine Workers of America (UE) Local 1174, which represents the workers, has responded by filing charges today with the National Labor Relations Board. The company also informed employees that Wells Fargo would not approve the expenditure of owed vacation pay, and the company has refused to pay a 2 percent wage increase due the employees under their legally binding collective bargaining agreement.