Friday, May 27, 2016 2:12:38 PM
https://www.rt.com/usa/344628-verizon-strike-deal-reach/
Secretary of Labor Thomas E. Perez has announced that a deal has been reached between telecoms giant Verizon and unions representing 39,000 workers ending a six week strike over cuts to pensions and pay.
The strike started on April 13 when some 35,000 workers walked off the job, making it the largest strike in the US history.Verizon had a 7 month strike in the 70's The striking workers included network technicians and customer service representatives in the company's Fios Internet, telephone and television services unit.
Described by Perez as a "tentative resolution," Verizon’s workers, unions, and management have reached an agreement in principle on a four-year contract.
Read more
© @NebojsaMalic Thousands lose health benefits as Verizon strike continues
"Throughout the past 13 days of negotiations at the Department of Labor, I have observed firsthand the parties’ good faith commitment to narrowing differences and forging an agreement that helps workers and the company," Perez said in a statement Friday.
Perez also said that he expects "that workers will be back on the job next week," before commending all parties involved "for their commitment to resolving these difficult issues in the spirit of constructive engagement."
Recent VZ News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 03:02:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:40:18 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:40:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:39:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:39:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:39:01 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:38:42 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:38:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:38:01 AM
- Verizon to speak at BofA Securities Media, Communications & Entertainment Conference Sept. 4 • GlobeNewswire Inc. • 08/30/2024 06:00:00 PM
- Verizon to speak at Citi 2024 Global TMT Conference September 5 • GlobeNewswire Inc. • 08/30/2024 06:00:00 PM
- Verizon Connect Chosen for California BAR CTP Pilot, Launches Emission System Report • GlobeNewswire Inc. • 08/28/2024 04:00:00 PM
- Unlock Even More Savings with Verizon Visa® Card • GlobeNewswire Inc. • 08/28/2024 01:30:00 PM
- Verizon teams up with satellite service provider Skylo to launch direct-to-device messaging for customers • GlobeNewswire Inc. • 08/28/2024 01:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 08/26/2024 07:29:22 PM
- Verizon remains ready through Hurricane Hone • GlobeNewswire Inc. • 08/25/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 12:32:55 PM
- Verizon announces expiration and final results of its private exchange offers for 10 series of notes • GlobeNewswire Inc. • 08/20/2024 12:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 08/19/2024 06:46:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:01:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:01:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:01:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:00:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:00:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:00:10 PM
Maybacks Global and Inventel Products To Launch Global 24 Hour Shopping Channel • AHRO • Sep 3, 2024 9:15 AM
UC Asset announces plan of management stock buyback • UCASU • Sep 3, 2024 9:00 AM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM