The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).
There was an EBIT of (-115,000,000). There were 6,023,227 eligible hours worked resulting in a profit-sharing amount of $0.00 per hour with a maximum of 48 eligible hours per week.
In Solidarity,
Pete Trinidad Sr.
USW 6787
President