Bankrupt Coal Company Imposes Cuts Amid Bargaining

By: Associated Press
By: Associated Press

ST. LOUIS (AP) -- A bankrupt coal producer says it has imposed wage and benefit cuts affecting thousands of its workers, but that the pullbacks are less severe than those authorized by a judge.

But St. Louis-based Patriot Coal Corp. added Tuesday that it will keep retiree health care benefits unchanged for the next two months.

Patriot didn't detail the cuts it has adopted, more than a month after a bankruptcy judge empowered Patriot to abandon its collective-bargaining agreements.

Patriot says its continued bargaining with the United Mine Workers of America union has produced "substantial progress."

A spokesman for the union isn't talking publicly about Patriot's cuts imposed Monday, saying only that the union is still meeting with the company to make further improvements over the bankruptcy court's order.


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 214034221 - wbko.com/a?a=214034221
Gray Television, Inc.