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Verizon walkout possible by Aug. 10; mediator says 'significant key issues' remain - Fierce Telecom

A walkout by Verizon's (NYSE: VZ) 45,000 CWA and IBEW workers this week is a distinct possibility, according to statements by union officials and mediators, because negotiations for a new contract since last year's strike have gone nowhere. "For the past ten days, the parties have been engaged in continuous negotiations under the auspices of myself and Director of Mediation Services John Pinto," said Federal Mediation and Conciliation Service Director George Cohen in a statement released Friday. "The negotiations have been constructive and progress has been made, but significant key...

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Published By: Fierce Telecom - Monday, 6 August, 2012