The Traderszone Network

Published in TZ Latest News 2 August, 2015 by The TZ Newswire Staff

Verizon’s workers say no strike for now, union talks continue

Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the unions have been in talks with Verizon over the company’s plans to cut costs by controlling healthcare and pension-related benefits over a three-year period. Last week, the Communications Workers of America (CWA) and International Brotherhood of Electrical Workers that represent over 37,000 wireline employees said they had voted to go on strike, if needed, after their contract expired on Aug.

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