Verizon Strike Update: Face Off Negotiation Of Union Workers And Tech Firm In Upbeat, Rift Ends In Washington?
By Alexandra Park | May 19, 2016 01:58 AM EDT
The latest Verizon strike has been foreseen to finally come to an end or so it says. There are rising notions that the union workers and Verizon are finally open for negotiation and are now on the talking table. Moreover, with the talks underway, many are thinking on whether the rift and division will finally settle and ultimately find a resolution in Washington.
Verizon and striking union officials will remain at the bargaining table in Washington this week and senior leaders of the telecommunications giant and the Communications Workers of America and International Brotherhood of Electrical Workers met Tuesday with Labor Secretary Tom Perez and federal mediator Allison Beck and plan to continue talks, according to a report posted by USA Today.
Jobs & Hire formerly reported that the strike has affected other regions and have led waste to the economic returns of the region particularly in Delaware and the East Coast.
Estimates of 40,000 Verizon employees who are also members of the unions have joined forces and went on strike last April 13. Also, most recent labor contract expired Aug. 1, 2015 and the unions have criticized Verizon for outsourcing jobs and requiring some workers to relocate, while Verizon officials say compromises on benefits are needed to tame costs, reports the same post.
The unions and Verizon have faced Perez and finally come to terms on possible closure to the problem. The negotiations are also preparing to strengthen the commitment to remain at the bargaining table and find commendable resolution for both sectors. Also, it stands to reason that the negotiation aims further facilitate conversations so that the unions and Verizon can meet halfway and reach an agreement.
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