24 jul: Correction to Departure of AMD Gaming Executive Story
24 jul: 2nd UPDATE: Chevron Barred from Deals in Central, Southern Iraq
24-07-2012 23:46:00

Verizon, Unions Agree to Federal Mediation in Contract Dispute

Relateret indhold

By Thomas Gryta

Verizon Communications Inc. (VZ) and two labor unions have agreed to federal mediation as they attempt to reach a contract covering about 45,000 wireline workers at the telecom heavyweight.

The move comes after almost a year of unsuccessful talks and volatile public statements from the parties. Last week, Verizon rejected the union's request to take the talks to mediation and instead insisted that the issues could be solved at the bargaining table.

The Communications Workers of America and the International Brotherhood of Electrical Workers represent workers in Verizon's wireline division from New England to Virginia.

Under the agreement, the future negotiations will be conducted under the Federal Mediation and Conciliation Service, an independent government agency. The talks will occur under Agency Director George Cohen and Director of Mediation Services John Pinto, beginning on Wednesday in Washington, D.C.

The company, the unions and agency have all agreed to not make public comments on the schedule or status of talks "until further notice," according to an FMCS statement. A Verizon spokesman declined to comment, citing that agreement. A CWA spokeswoman also declined to comment.

The workers involved have been working under their previous contract since last August, when the company's pursuit of benefit cuts led to a 15-day strike. The company is seeking concessions on pensions, health care and job security. It has said such moves are needed to offset declining sales in its traditional wireline business.

In general, the telecom carriers have seen their wireline businesses deteriorate as consumers depend more heavily on mobile devices and switch off their traditional land-based home phones. AT&T (T) is also in the midst of contract negotiations with more than 40,000 wireline workers.

-Write to Thomas Gryta at thomas.gryta@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 24, 2012 17:46 ET (21:46 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Novo Nordisk køber fabrik i USA

27-08-2014 11:15:10
Novo Nordisk har købt en fabrik i New Hampshire i USA primært med henblik på fremstilling af virksomhedens portefølje af biofarmaceutiske produkter. Sælger er O..

Aktier/tendens: Fokus på Vestas efter kurslussing

27-08-2014 08:30:08
Projektøren peger onsdag fortsat på Vestas efter gårsdagens gevaldige kurslussing, som fulgte i hælene på en negativ analyse fra det amerikanske børshus Bank of..

Novo-konkurrenter sender diabetespille på markedet - GENT

26-08-2014 15:47:10
Diabetesbehandlingspillen Jardiance ( Empagliflozin) kan nu fås på de amerikanske apoteker. Det oplyser medicinalselskaberne Eli Lilly og Boehringer Ingelheim, ..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Fokus på Vestas efter kurslussing
2
Tirsdagens aktier: Vraget Vestas trak voldsomt ned - NY
3
Aktier/åbning: Lille oprejsning til Vestas i sløv åbning
4
Novo Nordisk køber fabrik i USA
5
Tirsdagens aktier: Vraget Vestas trak voldsomt ned

Relaterede aktiekurser

Verizon Communications I.. 49,25 0,0% Aktiekurs uændret
AT&T Inc 34,50 0,0% Aktiekurs uændret
Verizon Communications C.. 49,27 0,4% Stigning i aktiekurs
Verizon Comm 34,91 1,5% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
27. august 2014 12:50:41
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140825.1 - EUROWEB7 - 2014-08-27 12:50:41 - 2014-08-27 12:50:41 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x