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]
As 45,000 Verizon workers strike, the company faces battles on multiple fronts. Not only must Verizon contend with picketing workers, but strained staff resources and the accompanying backlash from customers who contend service has gotten slower.
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.
Amid the labor dispute in which 45,000 Verizon landline workers are striking due to Verizon’s insistence at restructuring pensions, health care and workplace procedures, the company has filed several court actions accusing picketers of thuggish behavior.