00:00 It's Benzinga and here's what's on the block.
00:02 More than 75,000 workers at Kaiser Permanente, the largest non-profit healthcare organization
00:08 in the United States, went on strike on Wednesday across multiple states.
00:12 Unions are pushing Kaiser to address staffing shortages by hiring 10,000 more healthcare
00:16 workers and offer higher wage increases than the 12.5 to 16 percent over four years currently
00:22 proposed.
00:23 Shortages have strained working conditions in healthcare and other industries.
00:27 Kaiser reported $3 billion in profits for the first half of 2023 and over $24 billion
00:33 in profits over the last five years.
00:35 For all things money, visit Benzinga.com.
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