Recent news and updates regarding the Verizon strike is leading to more underlying outcomes. It stands to reason that the division is causing more repercussions than anticipated. Along that line, many are urging the strike to end, but on the other hand, whose side will win and gain the upper hand arise.
As a Verizon workers' strike enters its seventh week, both sides are feeling the pinch, and even though workers picketing Verizon locations across the East Coast, including in South Jersey, have gone without paychecks, and as of May 1, they stopped getting health benefits, reports Press of Atlantic City.
Also, the long-lasting strike may eventually cripple the tech giant's earnings by a markdown of $200. Also, analyst Barry Sine predicts a loss of 150,000 FiOS video and data customers this spring due to the strike.
Moreover, traditionally, when strikes is long standing, it's often difficult to determine which side has the upper hand, according to Jeffrey Keefe, professor emeritus at Rutgers University's School of Management and Labor Relations.
"If there is a network failure, then the ball switches into the hands of the union," Keefe said. "One typical characteristic of spring and early summer are thunderstorms, which can be incredibly damaging to a telecommunications network."
Proud to join colleagues & Verizon workers on the picket line to fight for strong worker protections #verizonstrike pic.twitter.com/qMMkOh2S1C
— Mark DeSaulnier (@RepDeSaulnier) May 26, 2016
The 39,000 striking Verizon workers are members of two unions, the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) that represent installers, customer-service employees, repairmen and other service workers in New Jersey, Connecticut, Delaware, New York, Massachusetts, Pennsylvania, Rhode Island, Maryland, Virginia and Washington, D.C., for Verizon's wire line business, which provides fixed-line phone services and FiOS internet service, as noted by the same post. Jobs & Hire formerly reported that the crisis escalated and it was made evident when the union workers children joined the picketing fence.
Today we interviewed Pam Galpern, one of 39,000 Verizon workers on strike: https://t.co/2HgK58OtEa #verizonstrike pic.twitter.com/Svr9ihdXL2 — Democracy Now! (@democracynow) May 25, 2016
As the crisis reached its 7th week, many are seeing the division as hopeless while some calls for immediate actions and implying the end of talks and to get things done and up and running again.
