Bargaining Update: Let’s Be Open About This

IAPE members calling on Dow Jones leadership to hold OpenAI town hall

IAPE presented a new, limited proposal to Dow Jones during a short bargaining session on Thursday morning. The union’s 23rd proposal during this round of negotiations reduced its wage demand for a pay increase effective—and retroactive to—July 1, 2023 to 8.0%.

IAPE also responded to a series of questions Dow Jones asked after receiving the union’s May 2 proposal on derivative rights.

IAPE negotiators kicked off Thursday’s meeting by recognizing the proposal made by Dow Jones on May 16, but noting that the company’s suggestion for non-enforceable footnote language to address IAPE concerns about AI was insufficient, especially in light of Wednesday’s news about a new partnership between News Corp and OpenAI.

Dow Jones referred to the OpenAI deal as a “licensing agreement.”

IAPE members believe there may be more than meets the eye—or the OpenAI as may be the case.

This morning, IAPE released an open letter to senior Dow Jones leadership calling for “a town hall by the end of the fiscal year to address concerns and answer questions” about the new deal.

IAPE members are encouraged to sign this open letter. To add your name, click here. You can also scan the QR code on the letter linked above, or click the “sign here” link within the open letter.

The letter calls on management to “offer a transparent roadmap for any changes.”

We look forward to management’s response.