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PBG » Topics » If we are unable to renew collective bargaining agreements on satisfactory terms, or if we experience strikes, work stoppages or labor unrest, our business may suffer.These excerpts taken from the PBG 10-K filed Feb 20, 2009. If
we are unable to renew collective bargaining agreements on
satisfactory terms, or if we experience strikes, work stoppages
or labor unrest, our business may suffer.
Approximately 31% of our U.S. and Canadian employees are
covered by collective bargaining agreements. These agreements
generally expire at various dates over the next five years. Our
inability to successfully renegotiate these agreements could
cause work stoppages and interruptions, which may adversely
impact our operating results. The terms and conditions of
existing or renegotiated agreements could also increase our
costs or otherwise affect our ability to increase our
operational efficiency.
If we are unable to renew collective bargaining agreements on satisfactory terms, or if we experience strikes, work stoppages or labor unrest, our business may suffer. Approximately 31% of our U.S. and Canadian employees are covered by collective bargaining agreements. These agreements generally expire at various dates over the next five years. Our inability to successfully renegotiate these agreements could cause work stoppages and interruptions, which may adversely impact our operating results. The terms and conditions of existing or renegotiated agreements could also increase our costs or otherwise affect our ability to increase our operational efficiency. | EXCERPTS ON THIS PAGE:
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