Skip to: Content
Skip to: Site Navigation
Skip to: Search
Newser - Current News - Breaking Stories

« Back to the grid | Next story »

Verizon, Unions Reach Deal

Posted Aug 11, 08 6:38 AM CDT in Business 

(Newser) – Verizon Communications and two labor unions representing 65,000 workers struck a 3-year deal yesterday, staving off a strike set for today, reports the Wall Street Journal. The contract, which replaces one that expired Aug. 2, adds 2,500 union jobs and protects the health benefits of current union members and retirees.

Members of the Communications Workers of America and the International Brotherhood of Electrical Workers will vote on the contract in coming weeks. Verizon will pay 100% of health care premiums for current employees and retirees and some non-union Verizon Wireless employees now will be covered by the unions. The pact covers Verizon workers in the Northeast and mid-Atlantic.
Source: Wall Street Journal

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon
Workers march and hold up placards outside of a Verizon office July 31, 2008 in lower Manhattan in New York City.
Buildings on Market Street are seen reflected in a Verizon sign in Philadelphia.   (AP Photo/Matt Rourke)
A Verizon payphone is seen in Philadelphia.   (AP Photo/Matt Rourke)
A Verizon sign is seen with telephone lines in the background in Montpelier, Vt.   (AP Photo/Toby Talbot, File)
A Verizon worker shouts slogans and marches with a placard outside of a Verizon office July 31, 2008 in lower Manhattan in New York City.   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Related Threads

(1 of 2)

Tags

Verizon • strike • contract


Loading...

Today's Most Popular

[ Stories ]

Threads

Loading...
SPONSORED NEWS ARCHIVE

Verizon Schedules Spin-Off of Spinco (Wireless News)

Verizon Schedules Spin-Off of Northern New England Spinco (Wireless News)

Verizon Wireless and Loopt to Deliver Social Mapping Service to Mobile Phones (Wireless News)

Verizon expands high-speed Internet service in Vermont. (Telecomworldwire)

Verizon working to complete TPE cable ahead of Beijing Olympics. (Telecomworldwire)

Qwest to market and sell Verizon's service under new five year agreement. (Telecomworldwire)

VERIZON GETS NEW CONTENT FROM NBC UNIVERSAL. (Telephone IP News)

IGI announces new report--"Advanced Access Architectures--2008 AT&T, Verizon... (Broadband Monthly)

IGI Announces New Report--"Advanced Access Architectures--2008 AT&T, Verizon... (Green Data Centers & Internet Business)

Verizon reveals details of 2007's most popular Mobile Web 2.0 destinations (Internet Business News)


Other Business Stories