Categories: Business

Verizon Workers Go on Strike After Contract Negotiations Fail

More than 40,000 Verizon workers across six US states went on strike on April 13 after contract negotiations failed to produce a settlement.

The unions organizing the action represent customer service and network technicians.

Verizon called the strike “regrettable” and said it had brought in 10,000 non-union workers.

Democratic presidential hopeful Bernie Sanders spoke at a protest in New York in praise of the workers.

Bernie Sanders said they were “standing up to this powerful special interest”.

The workers are members of the Communications Workers of America and the International Brotherhood of Electrical Workers.

CWA representative Bob Master said the new workers would not be able to make up the workload left by those out on strike.

“There’s no way that these 10,000 people … can make up for 40,000 people who have decades of experience [in highly technical jobs],” Bob Master said.

The union workers have been without a contract since August and negotiations have stuck on Verizon’s plan to cut healthcare and pension benefits over a three-year period.

In a statement, Marc Reed, Verizon’s chief administrative officer, said: “It’s regrettable that union leaders have called a strike, a move that hurts all of our employees.”

During the last contract talks in 2011 workers also went out on strike. A deal was eventually reached through mediation.

The strike could effect Verizon’s television, phone and Fios Internet businesses.

It is not expected to impact Verizon wireless, which made up 29% of the company’s 2015 revenue.

 

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

House Panel Votes to Release Matt Gaetz Ethics Report

The US House Ethics Committee has voted to release its report on former Republican Representative…

3 days ago

ABC News to Pay $15M to Settle Trump Defamation Suit

ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…

1 week ago

South Korea’s Parliament Impeaches President Yoon Suk Yeol Following Martial Law Scandal

South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…

1 week ago

Syria: Israeli War Planes Carry Out More Than 100 Air Strikes

Israeli war planes have carried out more than 100 air strikes in Syria on December…

2 weeks ago

Donald Trump Threatens 100% Tariff on BRICS Nations

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…

3 weeks ago

Syria Coup: Rebels Take Control of Aleppo

Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…

3 weeks ago