Givebacks is a

trade union A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, such as attaining better wages ...

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 ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

''.

References

External links

* Trade unions {{trade-union-stub