Thousands of striking Verizon employees will return to work on Monday, as the company and the unions have made progress in negotiating a number of local and regional issues, Verizon said Saturday.
The employees will return to work without new collective bargaining agreements. The company said both sides have agreed on a process for moving negotiations on the big issues forward.
The 45,000 union members have been picketing since August 6 to protest concessions that Verizon is trying to get from its employees. Those concessions include the elimination of two paid holidays, the freezing of pensions, the alignment of pay raises with job performance, and the union's contribution of $100 per employee towards health care premiums.FULL STORY