After more than six weeks, thousands of striking Verizon workers may be heading back to work soon. According to Labor Secretary Thomas Perez, the telecom giant and union leaders have reached an agreement in principle. [More]
Tens of thousands of Verizon employees walked off the job this morning, when months of inconclusive contract negotiations between the company and the union representing those workers finally stalled out completely.
Though more than 40% of U.S. homes are now cellphone-only, many millions of Americans still have landline service. But a union representing 35,000 Verizon employees says the company is refusing to repair broken copper-line networks. [More]
Verizon isn’t too thrilled with the idea that it’s paying for health insurance benefits for 45,000 striking workers. Thus, the telecom giant has said it will cease funding certain benefits if those employees aren’t back on the job by the end of the month.
While Verizon staffers in several states and Washington, DC, continue to picket their employer, there are reports of an increased number of sabotaged Verizon phone cables and boxes — 20 in one 48-hour period alone. Facing allegations that the vandalism is being done by striking workers, accusations the union denies having anything to do with.