Publisher Condé Nast reached a last-minute deal with its workers on Monday morning, averting a strike ahead of Monday night’s Met Gala in New York, union leaders said.
“We are excited to announce that we have reached a tentative agreement with @condenast for our first contract,” the Condé union said. stated in the statement regarding X. “Our pledge to do ‘whatever it takes’ ahead of #metgala2024 has moved the company and our progress at the negotiating table has begun in earnest.”
union That’s what I said He secured a minimum starting salary of $61,500 and a total raise of $3.3 million. The tentative agreement also includes expanded bereavement leave and an additional two weeks of family leave, for a total of 14 weeks.
The union will cover 500 editorial, video and production staff across all Condé Nast brands that are not yet unionized, including publications owned by the company such as Vogue, Bon Appétit, Vanity Fair, Architectural Digest and GQ. It represents the above. The union, founded in 2022, claims the company is showing low wages and a lack of diversity and equity.
This comes months after the media conglomerate announced hundreds of layoffs late last year in response to recent digital advertising pressures and a decline in social media traffic across the industry.
For those laid off, the union announced Monday’s contract includes eight weeks of severance, three months of COBRA coverage or continued health insurance. Alternatively, in lieu of COBRA, laid-off employees will be paid a lump sum or an additional $1,000.
Two days before the deal, the union asked Condé Nast management to “see you at the table” or “see you at the Metropolitan Museum of Art” in connection with the Metropolitan Museum of Art’s annual Costume Institute benefit. requested to meet.
The media company is one of the top news organizations covering the annual event, and members of Condé Union’s bargaining committee have called it “fashion’s biggest night” and likened it to the Super Bowl. There’s interview With the Washington Post.
“When we heard about the shutdown, all of a sudden the company was like, ‘Okay, okay, we’ll give you a little more money,'” negotiator Alma Abare told the Post.
Unions have increased pressure on Condé Nast in recent months. In January, a one-day walkout was held to coincide with the announcement of Academy Award nominations.The Post reported.And in April, union members marched in front of the home of Anna Wintour, Condé’s global chief content officer, holding up a flyer that read, “Anna wears Prada, workers get Nada.” did.
The Hill has reached out to the company for further comment.
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