A.T.& T. and 2 unions hold talks: operator job security a top bargaining issue
Article Abstract:
AT and T announces it has started negotiations with The Communications Workers of America and the International Brotherhood of Electrical Workers in order to bring relations in line with changes in technology. AT and T plans to replace one-third of its 18,000 human long distance operators with voice-recognition computer systems. The firm's efforts to modernize since its monopoly break up of 1984 have hurt the unions, which have seen work force reductions due to the use of new equipment. AT and T and Bell Regional Holding Companies have worked towards decreasing the number of union jobs because of increasing competition. The union contends that AT and T now uses temporary workers who do permanent work. The unions report the loss of 133,000 jobs at AT and T since the break up, 25,000 of the losses occurring since the last contract negotiation. One point of contention is the claim that AT and T does not offer laid off employees chances of jobs elsewhere in the company but instead hires new employees. AT and T claims this is overstated.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
U S West, looking to future, cuts 9,000 jobs
Article Abstract:
U S West Inc announces that it is laying off 9,000 workers and taking a $3.8 billion accounting charge, the better to face increased competition in the local-telephone market and begin work on the information superhighway. The layoffs are massive: one out of every seven U S West employees will find themselves out of a job. The accounting charge, in contrast, is a paper tiger, with $3.2 billion the result merely of bookkeeping changes. The company will charge only $610 million against profits to cover the layoffs and associated office shutdowns, though this will result in a large 3rd qtr and FY 1993 loss. Stock-market analysts praise U S West for ridding itself of superfluous people, increasing their 1994 earnings projections. Investors bid U S West stock up $1.125 to $47.50 a share in heavy trading on the New York Stock Exchange. About 2.9 million shares change hands, raising the company's stock value by $470 million.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Analysts' views differ on Centel. Size may hamper dissidents. Making a case for U S Sprint
- Abstracts: Tales of disenchantment in Motor City. And then there were two
- Abstracts: The Liberals' agonizing election challenge. Telling the prime minister to step aside. Bill Hopper's blunt and telling prescription
- Abstracts: A hidden cost in layoffs: leaving a job may erode a pension. Are pensions safe? Why Canadians cannot count on government to secure a golden retirement
- Abstracts: A hidden cost in layoffs: leaving a job may erode a pension. part 2 Future vision 1993