CNN has agreed to pay $76 million to settle a back pay case involving union workers that marks the largest “monetary remedy” in the 85-year history of National Labor Relations Board. The dispute began in 2003 when CNN fired a group of unionized subcontractors working as video technicians and in other technical and support roles Bad week for CNN. First was Nick Sandman, then we killed the Iranian terrorists, then record stock market. https://variety.com/2020/biz/news/cnn-backpay-settlement-76-million-labor-1203463615/
The settlement will be spread among more than 300 people. The NLRB noted that $76 million is more than what it brings in during a typical year from back pay enforcement. Average payout per person of about 250k. That seems reasonable after 17 years.
CNN seems to be doing the right things lately, agreeing to pay people that they wrong in the past. Happy New Year Andrew.
