14,000 walk Verizon picket lines as talks grow testy

Article Abstract:

Verizon Communications' operators and technicians numbering over 14,000 joined picket lines on Aug 7, 2000. On the second day of the strike, talks between the company and over 87,000 employees belonging to the Communications Workers of America became more contentious. Some of the union's demands include limits on forced transfers resulting from the merger, objections to work being farmed out to non-union firms and controversy about organizing rules for Verizon Wireless.

Labor force information, Local Telephone Service

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Verizon feels pain of change

Article Abstract:

Verizon Communications, the country's biggest local telephone company, is experiencing economic problems like AT&T and most of its Bell company peers. The company, which is the result of the merger of Bell Atlantic and GTE, reduced its earnings growth forecasts for the year 2000. Its second quarter earnings were below projections. The company's problems worsened as its union staged a strike which centered on issues such as job security.

Sales, profits & dividends, Telephone Communications

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