NEW YORK – In a bold move on December 3rd, unionized editorial staff at Forbes Magazine staged a walkout on what is typically one of the publication’s most significant days of the year, the launch of its highly anticipated “30 Under 30” issue. This one-day unfair labor practice (ULP) work stoppage is a direct protest against the management’s ongoing resistance at the bargaining table and a series of alleged violations of labor laws.

Andrea Murphy, the unit chair and statistics editor for Forbes, expressed the frustration of the union members, stating, “CEO Mike Federle mentioned during a recent town hall that management is eager to get a contract, but it feels like a very long way off. This delay is a result of his actions and those of management.” Murphy emphasized that the union has consistently demonstrated its readiness to finalize a contract that reflects the value they bring to the magazine. The walkout on the day of the “30 Under 30” launch was a powerful statement aimed at showcasing their worth and insisting on accountability from management regarding labor law violations.

The “30 Under 30” issue is not only a hallmark of Forbes’ brand but also holds significant financial importance for the magazine. It features 20 lists that highlight 30 influential individuals under the age of 30 across various industries, celebrating their remarkable achievements. While management celebrates the launch, the union argues that their efforts and contributions have been overlooked and undervalued.

The Forbes Union, which organized with The NewsGuild of New York in 2021, has been fighting for a first contract for nearly three years. Throughout this period, they have encountered disrespect and what they describe as illegal, union-busting tactics from Forbes management. Critical issues on the table for the Forbes Union include:

• Wages: The union is advocating for strong and fair salary minimums across all positions.
• Reductions in Force: The union seeks guarantees that protect workers in the event of layoffs.
• Severance Language: There is a demand for established minimum severance packages that include healthcare coverage.

Additionally, the union is insisting that the company cease the illegal and unilateral removal of individuals from the bargaining unit, a situation that has prompted The NewsGuild of New York to file an unfair labor practice charge against Forbes.

Union-busting behavior has been a significant concern since the Forbes Union was certified, with management reportedly engaging in tactics that undermine the collective bargaining process. Susan DeCarava, president of The NewsGuild of New York, remarked, “Forbes’ success with ‘30 Under 30’ is a direct result of our members’ hard work. It’s long past time for management to recognize that fact with a fair contract.”

In solidarity with their cause, Forbes Union members are scheduled to hold an in-person rally on December 3rd at 2 PM outside the Forbes headquarters located at 24 5th Avenue, New York, New York. Following the rally, union members plan to picket until approximately 4:30 PM, drawing attention to their demands and the ongoing struggle for fair labor practices.

The events surrounding this walkout and the ongoing negotiations underscore the critical role that unionized workers play in advocating for their rights and ensuring that their contributions are appropriately recognized and compensated. As the situation develops, the eyes of the media and the public will be closely watching how Forbes management responds to the union’s demands and the implications for the future of labor relations within the publication.