Consolidated Edison (ED) locks out 8,500 its unionized workers after a collective bargaining...

|About: Consolidated Edison Inc. (ED)|By:, SA News Editor

Consolidated Edison (ED) locks out 8,500 its unionized workers after a collective bargaining agreement expires and talks over a new contract break down. The New York electricity utility, which  is drafting 5,000 managers to replace the workers, says the lockout won't prevent it from being able to provide enough power to  cope with the increased demand brought by the city's heatwave.