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Verizon, IBEW and CWA agree to new contract

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It looks like a strike has been avoided.

Verizon Communications Inc. and two unions representing 65,000 workers who had threatened to strike within hours agreed Sunday on a new three-year contract that provides 10.5 percent wage increases and changes in retirement benefits.

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Written by Jason Gooljar

August 10th, 2008 at 10:51 pm

Posted in Labor

Tagged with , ,

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  • http://www.myactivecommunity.com/active-adult-communities.html Retirement communities

    Thats really a good news. Hope everyone has good retirement benefits from there employers.