After a month-long strike by Unite Here Local 54 members, who want a restoration of healthcare and retirement benefits previously slashed by management, Trump Taj Mahal owner Carl Icahn has announced that he will shut the casino down after Labor Day.
In a letter to employees, Icahn blames Unite Here local 54’s president Bob McDevitt; he claims that McDevitt has not allowed members of the union to vote on offers. McDevitt, in a statement, explained that workers had rejected an insulting proposal and voted to strike.
In another statement, McDevitt compared Icahn to a playground bully, arguing that his no-compromises attitude made bargaining in good faith impossible:
There was no element of trying to reach an agreement here on Icahn’s part; it was always “my way or the highway” from the beginning with Icahn. It is the epitome of the playground bully, who picks up his ball and announces he is going home because nobody else would do it his way. It is truly a shame that such an unscrupulous person has control of billions of dollars.
Icahn’s power is political as well as monetary. He just turned down an offer to join Trump’s economic team in order to focus on potentially starting a regulatory reform super-PAC.
For more on this situation and how it relates to Trump, check out this article.