AT&T fails to reach terms with workers union
AT&T fails to reach terms with workers union
AT&T was unable to reach a settlement with the Communications Workers of America by the April 7th deadline to extend Four Core Wireline contracts. More than 40,000 employees will continue to work under the terms of the expired contract, however, as negotiations between the two parties continue. “The ongoing negotiation reflects the spirit of the longstanding relationship between the company and the union,” AT&T said. The carrier is looking to reduce worker benefits to cut costs in its wireline business, which has declined rapidly in recent years. The workers union has said that AT&T is seeking too many concessions, however, and instead wants the company to make adjustments to workers’ healthcare plans. The Communications Worker of America represents nearly 16% of AT&T’s 256,000 workers and it does possess the ability to call a strike if agreements on new contracts are not reached. AT&T’s press release follows below. More →







