Verizon, unions reach tentative contract

Sep 19, 2012

(AP)—Verizon and unions representing 43,000 employees have reached tentative, three-year agreements covering job security, retirement and other issues.

As the agreements were being signed Wednesday, Inc. called them "fair and balanced."

The pact comes more than a year after Verizon workers took part in a two-week strike amid tense negotiations. The company and the unions had disagreed on , pensions, and work rules.

The unions involved are the Communications Workers of America and the International Brotherhood of Electrical Workers.

CWA, which represents 34,000 Verizon workers from Virginia to Massachusetts, said the previous contract expired in August 2011. The union says the new contract preserves existing language prohibiting layoffs for those hired before 2003. It also preserves the pension plan for current workers.

Explore further: Taxi app Uber defies ban in Spain

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Sony's PlayStation 'gradually coming back'

7 hours ago

Sony was still struggling Saturday to fully restore its online PlayStation system, three days after the Christmas day hack that also hit Microsoft's Xbox, reporting that services were "gradually coming back."

Uber broke Indian financial rules: central bank chief

7 hours ago

India's central bank chief lashed out at Uber, already under fire over the alleged rape of a passenger, saying the US taxi-hailing firm violated the country's financial regulations by using an overseas payment ...

Taxi app Uber defies ban in Spain

Dec 26, 2014

Smartphone car-ride service Uber vowed Friday to keep operating in Spain despite a ban following a lawsuit by taxi drivers and said it would fight the case in court.

Sony film mess reflects gadgets-entertainment gap

Dec 26, 2014

Sony's iconic gadgetry and the star appeal of Hollywood may have appeared to be a perfect match when the electronics giant bought Columbia Pictures in 1989. A quarter century later, it's apparent that Sony ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.