August 15, 2011
More than 45,000 members of the CWA and IBEW have gone on strike against their employer, Verizon, after the communications giant refused to drop a long list of concession demands during contract negotiations.
RWDSU President Stuart Appelbaum had this to say to about the dispute:
“Verizon is the latest in a long procession of companies that are punishing workers even after raking in record profits – over $6 billion last year. It’s offensive that a company that set aside over a quarter billion dollars to lavish upon its top five executives is trying to chip away at the quality of life of its workers. It’s corporate greed, plain and simple,” Appelbaum said.
“At a time when Verizon is earning billions of dollars in profits, asking employees to make sacrifices when the company is so strong financially is completely unjustifiable. The RWDSU stands with these workers as they fight to defend middle class job standards,” Appelbaum added.
