iBankCoin
Joined Nov 11, 2007
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Verizon Strikers Hang it Up

Thousands of striking Verizon workers will return to work Tuesday, though their contract dispute isn’t over yet.The 45,000 employees, who have been on strike since Aug. 7, agreed to return to work while they negotiate with Verizon Communications Inc. on the terms of a new contract. The workers are employed in nine states from Massachusetts to Virginia in the landline division.Among the issues in dispute is the company’s move to freeze pensions and its demand that workers contribute to their health insurance premiums. The company argues that it has to reduce benefits as the landline business deteriorates. More Americans are forgoing such lines in favor of mobile phones.

FULL STORY HERE
Read more: http://www.nypost.com/p/news/local/verizon_workers_going_back_to_work_kXlDmn7sK7NqC6agt2p97N#ixzz1VcrZPuvK

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