Click to Skip Ad
Closing in...
  1. Amazon Gift Card Promotion
    14:41 Deals

    Amazon’s giving away $15 credits, but this is your last chance to get one

  2. Self-Emptying Robot Vacuum
    16:11 Deals

    Amazon coupon slashes our favorite self-emptying robot vacuum to its lowest price ever

  3. Control Garage Door With iPhone
    08:10 Deals

    Unreal deal gets you Amazon’s hottest smart home gadget for $23 – plus a $40 c…

  4. Amazon Deals
    07:58 Deals

    10 deals you don’t want to miss on Saturday: $5 Alexa smart plugs, $110 electric sta…

  5. Amazon Echo Auto Price
    11:41 Deals

    Last chance to add hands-free Alexa to your car for $19.99 with this Amazon deal




45,000 Verizon workers on strike for second day

August 8th, 2011 at 7:58 PM

45,000 Verizon employees, or about 25% of the company’s workforce, continued their strike on Monday after the company failed to reach an agreement with labor unions, Bloomberg reported. It is the first strike in 11 years at Verizon and it could end up affecting customers waiting for new phone and web installations or phone support, though Verizon has 40,000 other employees on hand. The Communications Workers of America and the International Brotherhood of Electrical Workers don’t want to pay monthly premiums on health benefits, but Verizon isn’t quite willing to spend more money on the unions as customers continue to opt for wireless service and internet entertainment in place of phone lines and cable TV. “It is clear that some of the existing contract provisions, negotiated initially when Verizon was under far less competitive pressure, are not in line with the economic realities of business today,” Verizon CEO Lowell McAdam said Sunday. “In fact, under these contracts, benefit costs have risen consistently even as the wireline business has shrunk.” “We’re looking to bring our union more in line with what the rest of the workers pay,” Verizon spokesperson Rich Young said, noting that a majority of Verizon’s employees pay part of their health insurance premiums. International Brotherhood of Electrical Workers manager Bill Huber sees it differently. “These aren’t negotiations, they’re an insult,” he said. “This is a clear attack on our unions.”

Read




Popular News