Givebacks
Encyclopedia
Givebacks is a Trade union
Trade union
A trade union, trades union or labor union is an organization of workers that have banded together to achieve common goals such as better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with...

 term for the reduction or elimination of previously won benefits.

History

1978: The first known publication of the term giveback in relation to organized labor negotiations was in the New York Times
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