Stop Dr. Pepper Snapple from Taking Money Out of Workers' Pockets! (4/11/10)
Something disturbing is happening in upstate New York. For the past several weeks the members of RWDSU-UFCW Local 220 in Williamson, NY, have been trying to negotiate a contract with Mott's, a subsidiary of Dr. Pepper Snapple Group.
The company is looking to slash wages by as much as $2.50 an hour for each and every employee, and is trying to take away the workers' pension plan.
The company has made it abundantly clear that their only reason for seeking such drastic reductions is that they feel workers are simply making too much.
This is despite the fact that Dr. Pepper Snapple is a very profitable company. Last year alone the company earned $555 million. They have increased their market share in a competitive, mature industry and their stock has rocketed 28% since their most recent earnings announcement in February of 2010. In fact, their stock price is outperforming the industry as a whole by 443% since that earnings release.
There is no economic necessity for what the company is seeking to do. They are a profitable, growing company. But instead of being a responsible corporate citizen, Dr. Pepper Snapple and Mott's are looking to take advantage of the economic misery of upstate New York.
They want to take money out of the pockets of workers simply because they feel that they can get away with it. None of us can afford to let this go unchallenged.
All of us have a vested interest in doing everything we can to protect good paying jobs, especially in areas like upstate New York that have been particularly hard-hit by the economic downturn. We need your help in sending a message to Dr. Pepper Snapple that they can't get away with what they are trying to do.
The RWDSU needs your support! Imposing these conditions would set in motion a downward spiral for workers throughout the company, the sector and the dwindling number of decent manufacturing jobs in the United States. CLICK HERE to send a strong, simple message to Dr. Pepper Snapple CEO Larry Young: the company's demands are unacceptable!



