Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Exxon hiring more temporary workers as Texas refinery lockout continues

Published 07/14/2021, 09:08 PM
Updated 07/14/2021, 09:10 PM
© Reuters. FILE PHOTO: United Steelworkers (USW) union members picket outside Exxon Mobil's oil refinery amid a contract dispute in Beaumont, Texas, U.S., May 1, 2021. Exxon locked out the plant's about 650 union-represented employees citing fears of a strike.  REUT

HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM) said on Wednesday it will begin hiring additional temporary operators of its Beaumont, Texas refinery as a lock out of 650 union-represented workers runs into its 11th week.

Exxon said it took the decision to hire the new workers after four meetings with the United Steelworkers (USW) union local 13-243 failed to yield the results the company expected.

"It is also worth clarifying that our USW represented employees remain employed by the company while locked-out and we look forward to welcoming them back when there is a ratified contract," Exxon said in a statement posted to its website.

Hoot Landry, USW International staff representative, said Exxon's hiring another group of temporary workers was meant to frighten the locked-out employees.

"That's what they do to intimidate our members," Landry said.

Exxon said in its statement the refinery is being run by superviors while the temporary workers, called contractor operators, "will help us to maintain headcount."

Exxon locked out the union-represented workers at the 369,024 barrel-per-day (bpd) refinery and adjoining lubricant oil plant on May 1 to avoid a strike as a 75-day labor peace period came to an end following the expiration of the contract.

The USW has said the company's last proposal, made in April, requires its members to give up long-standing seniority and would create a separate contract for workers in the lube oil plant from that for workers in the refinery. Exxon has said the proposal would give it flexibility to be profitable in low-margin environments.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.