AT&T and unions reach accord

Article Abstract:

AT&T and its two major labor unions, the Communications Workers of America and the International Brotherhood of Electrical Workers, reach an agreement on a labor contract. The tentative contract agreement involves 127,000 union workers, who in turn represent almost a third of the union workers in the telecommunications industry. AT&T faces the challenge of modernization and coping with its 1984 breakup into a long-distance carrier and seven regional holding companies. The unions report that nearly 133,000 jobs have been lost as a result of the breakup. Unions are also worried that computerization could eliminate thousands of jobs.

T, Contracts, Labor unions

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Solidarity at A.T.&T.; managers and 2 unions agree in pact the real enemy is the competition

Article Abstract:

AT and T and two of its unions, the International Brotherhood of Electrical Workers and Communications Workers of America, have agreed that both parties have to gain from cooperation. The unions and AT and T say they have a common purpose: to keep AT and T a competitive player in the world market. The $1.5 billion agreement, of which two-thirds is wages while the remaining portion is benefits, is being called a unique accord on the basis of the cooperative nature between the high-technology company and its principal unions. The unions tacitly agreed to more layoffs but got 11.8 percent higher wages and retraining concessions.

Management, Telephone companies, Negotiation, mediation and arbitration, Negotiations, International markets, Telephone Company, Foreign Competition, World Market, Negotiation

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