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45,000 Verizon Workers On Strike Over New Contract

Posted by timothy on from the your-call-is-very-important-to-us-please-hold dept.

Trouble with your landline? If you have Verizon, especially on the east coast, it might not be the best time to have it fixed; The Daily Mail reports that "Forty-five thousand Verizon workers from Massachusetts to Washington, D.C., are on the picket line Sunday as labour contract talks fizzled. More than a fifth of the wireless giant's work force has gone on strike as contract negotiations for the wireline division broke down last night."

1 of 317 comments (clear)

  1. Re:Hell Yes! by Fireshadow · · Score: 5, Informative

    Verizon wants 100 concessions from their union employees. Even though Verizon’s top five executives received compensation of $258 million over the past four years (1), Verizon wants to freeze pensions for current employees. Also eliminate traditional pensions for future workers, while making its 401(k) plans somewhat more generous for both (2). Additional, there's demands from Verizon regarding health care premiums for union employees.

    References:

    --
    "It's one thing to talk about the poetry of machines. Quite another to listen to it for yourself."