35,000 Verizon workers could strike over contract
NEW YORK (AP) - August 6, 2011 (WPVI) -- More than 35,000 unionized Verizon Communications workers could go on strike after midnight if the two sides fail to reach an agreement on a new labor contract.
The Communications Workers of America says negotiations in Philadelphia and New York stalled Saturday night after Verizon continued to demand more than 100 concessions from workers.
Verizon spokesman Rich Young says the company is negotiating "in good faith" to reach an agreement that "balances the needs of all parties."
The contract that expires midnight Saturday covers 45,000 workers, including 10,000 represented by the International Brotherhood of Electrical Workers.
CWA says the concessions are unjustified, given that Verizon is highly profitable - the company's revenue rose 2.8 percent to $27.5 billion in the second quarter. Its growth was largely attributed to its wireless business.
verizon, new york, national/world
- 3rd person dies after I-95 crash in Lawrence, N.J. 11 min ago
- Very cold today, Saturday storm
- WATCH: Action News Online
- 2013 Troop Greetings
- No charges against officers in teen Tasering
- Berks Co. police chief faces child porn charges
- DA: Charges coming in fatal frat ritual in Poconos 56 min ago
- 800K in danger of ID theft after laptop theft 31 min ago
- North Korea executes Kim Jong Un's uncle 5 min ago
- Interpreter at Mandela event: I was hallucinating
- DA: Woman stole $81K from Montco church
- Woman charged in boyfriend's heroin death
- Dump truck hits ATV pulling sled, boy killed
- Photos: 60 photos of Golden Globe nominees
- DA: Charges coming in fatal frat ritual in...
56 min ago
- 3rd person dies after I-95 crash in...
11 min ago
More 6abc.com resources
Most Viewed StoriesMost Viewed Photos