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Almost 40,000 striking Verizon employees go back to work on Wednesday, after contract negotiations assisted by the U.S. Labor Department yielded a breakthrough, ending the largest walkout in America in half a decade. The Communications Workers of America, one of two unions that walked out, has touted the deal as a victory for labor. And while unions frequently hype their success, in one key area they’re right – and it could have huge repercussions for the labor movement’s foray into the fastest-growing sector of the workforce.
One would expect trade-offs out of any labor negotiation, but CWA and the International Brotherhood of Electrical Workers appear to have gotten a good deal. That’s perhaps because of shares falling at Verizon during the six-week strike, and analysts slashing revenue estimates. Even CEO Lowell McAdam admitted that installations and new orders dropped significantly. I guess it’s hard to get work done without trained workers.
The major points of contention between labor and management incorporated big themes of the economy – things like outsourcing, monopolization, and automation. But the biggest issue was that Verizon had two businesses: a “wireline” business of installing and managing phone and fiber-optic cable, and a wireless business that mainly involved selling cell phones in retail stores and maintaining the wireless network. The wireline business is unionized; the wireless business mostly isn’t.
Read more @: New life for the labor movement: The Verizon deal is a huge victory for all workers
:applaud:applaudAmazing job by the workers at Verizon and members of the CWA and IBEW! Hopefully like this article implies this will open up the floodgates for Verizon workers to join the unions and also will give more momentum to many other workers who are in need of a union and fair representation when negotiating a contract!