Published: August 06, 2011
CWA: 45,000 Workers on Strike at Verizon
WASHINGTON - (BUSINESS WIRE) - The following is a statement by the Communications Workers of America:
More than 45,000 workers are on strike today at Verizon Communications.
Bargaining continues. Since bargaining began on June 22, Verizon has
refused to move from a long list of concession demands. As the contract
expired, nearly 100 concessionary company proposals remained on the
table.
As a result, CWA and IBEW have decided to take the unprecedented step of
striking until Verizon stops its Wisconsin-style tactics and starts
bargaining seriously.
Even at the 11th hour, as contracts were set to expire, Verizon
continued to seek to strip away 50 years of collective bargaining gains
for middle class workers and their families.
CWA and IBEW members are prepared to return to work when management
demonstrates the willingness to begin bargaining seriously for a fair
agreement. If not, CWA and IBEW members and allies will continue the
fight.
Verizon financials
-
2011 annualized revenues are $108 billion and annualized net profits
are $6 billion.
-
Verizon Wireless just paid its parent company and Vodaphone a $10
billion dividend.
-
Verizon's top five executives received compensation of $258 million
over the past four years.
The contract covers 45,000 members of CWA and the International
Brotherhood of Electrical Workers from New England to Virginia.
Read updates at www.cwa-union.org/verizon

CWA Communications
Candice Johnson, 202-434-1347 (office)
cjohnson@cwa-union.org
or
CWA
District 1
Robert Master, 212-344-2515 (office)
rmaster@cwa-union.org
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