Workers for CNH Industrial NV walked off their jobs Monday for the first time in nearly 20 years after their union and the farm- and construction-equipment manufacturer failed to reach an agreement on a new contract.
The United Auto Workers-represented employees’ contract with London-based CNH expired early Sunday, but the two sides kept negotiations going through Sunday and into Monday morning. The union said it broke off the talks Monday afternoon and instructed workers to leave their jobs. Neither the union nor the company provided specifics about the terms under discussion.
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This post first appeared on wsj.com
