Google DeepMind (GOOGL) employees are preparing to negotiate with management over workplace union recognition, according to the Communications Workers of America. The union push comes after more than 1,000 DeepMind workers in London reportedly raised concerns about the tech company moving away from its commitment not to use their work for weapons or surveillance tools.
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Those concerns grew after Google joined seven other companies in signing an agreement with the U.S. Department of War to use AI capabilities in classified settings. Interestingly, the union said that a recent vote saw 98% of participating DeepMind employees back voluntary recognition. However, there has not yet been a formal unionization vote, according to a source cited by Seeking Alpha.
Unsurprisingly, the firm has not agreed to voluntary recognition, but said it is open to further discussions. In a letter to the union, DeepMind leadership rejected collective bargaining recognition on pay, hours, and holidays, while offering to meet through ACAS, a standard next step in the UK. A Google DeepMind spokesperson said that the company still values direct and constructive dialogue with employees about building a positive workplace.
Are GOOGL Shares a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 27 Buys and five Holds assigned in the past three months. Furthermore, the average GOOGL price target of $425.68 per share implies 10% upside potential.
