Two unions representing about 45,000 employees of the operator of fixed and mobile Verizon launched an immediate appeal to the strike, after the failure of negotiations on the agreement of the company, on Sunday. Unions have slammed the door discussions requested by their employer, who wants to reduce wages and employee benefits, citing a highly competitive market and a sector of fixed telephony in decline.
The two unions represent the majority of unionized American giant, with 196,000 employees. They claim that the concessions sought were too numerous and too important, citing a hundred points down on working conditions, health coverage and retirement plan of the company.
Verizon released in July results in very strong growth, with turnover up by almost 3% to $ 27.5 billion and net income of $ 6.9 billion. But the group’s management, the long-term outlook for fixed mobile in steady decline, need to reduce costs in this division of the company. Mark C. Reed, vice president of Verizon in charge of human resources, said that the decision of the unions was ‘regrettable’ for employees and consumers alike.
Unions refuse to accept a comprehensive plan that provides jumble of limiting the number of sick leave, redundancy and streamline limit wage increases. “Verizon continues to try to destroy fifty years of collective achievements for employees of the middle class and their families’, said the Communication Workers of America.