Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Must Resolve by Monday

Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Must Resolve by Monday Workers picketing the Trump Taj Mahal have actually until 5 pm ET on Monday, July 18 to accept a healthcare that is new, or it’s off the table for good. That’s the word this from the Atlantic City casino’s owner, Icahn Enterprises week. Striking union workers outside the Trump Taj Mahal in Atlantic City also demonstrated outside Donald Trump’s nyc offices this week. The strike at the Taj was ongoing since Friday, July 1, when around 1,000 bar staff, chefs, porters, and cleaners, organized by Local 54 of the Unite-HERE union, strolled off the premises in protest at the loss of medical and pension benefits. Action continued over the normally lucrative Independence Day festivities and indicates no indications of abating. Organizers have said the plan offered up by the casino’s management represents ‘a shadow’ of the medical advantages of other Atlantic City casino workers, and that industrial action will continue for ‘as long since it takes.’ Rightsized Benefits Carl Icahn rescued the Taj from chapter 11 bankruptcy in 2014. The billionaire corporate raider and activist investor consented to battle nearly all its $286 million debt as an ingredient associated with purchase agreement. He also promised to turn that debt into equity and to get into the property, but only if Atlantic City plus the courts granted him the temporary cessation of worker pension and health care advantages. The courts complied, but now, with some indications of recovery in the Atlantic City casino sector, union workers want their advantageous assets to reflect the uptick. Industry analysts...
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