Verizon Reaches a Tentative Agreement After 46 Days on Strike

Big Gains for Striking Verizon Workers in New Agreement – Press Release

Sunday, May 29, 2016

Nearly 40,000 Verizon workers who have been on strike since April 13 are celebrating big gains after reaching a tentative agreement with the company. After 45 days of the largest strike in recent history, Verizon will add 1,300 new east coast call center jobs, and reverse several other outsourcing initiatives that will create new field technician jobs. The four-year proposed agreement provides 10.9% in raises, a $1250 signing bonus in the Mid-Atlantic and a $1000 signing bonus plus a $250 healthcare reimbursement account in the Northeast, $2800 minimum in profit sharing, pension increases, and a first contract for Verizon Wireless retail store employees in Brooklyn, NY and Everett, MA.

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