Tentative Agreement with Verizon Reached

Message from President Tom Benedetto
 
The following is a message from Dennis G. Trainor, CWA District One Vice President: “CWA, IBEW and Verizon have reached an agreement in principle to extend the collective bargaining agreements for a three-year period. The current agreements are set to expire on August 5, 2023. If finalized, the agreements will extend through August 1, 2026. The company and the unions are documenting the understanding in signed contracts and expect to have that completed next week at which time we will communicate further details. The contracts will be subject to ratification by union members. The contracts will include long-term work- from- home provisions. Pending ratification of the contracts, the current work-from-home arrangements are continued. Wishing you all a happy and safe 4th of July!”
 
The following message was put out by the company:
 
Message from Verizon: “Verizon and the East unions have reached an understanding to extend the collective bargaining agreements for a three-year period. The current agreements are set to expire on August 5, 2023. If finalized, the agreements will extend through August 1, 2026. The company and the unions are documenting the understanding in signed contracts and expect to have that completed shortly, at which time we will communicate further details. The contracts will be subject to ratification by union members. The contracts will include long-term work-from-home provisions. Pending ratification of the contracts, the current work-from-home arrangements are continued. We will keep you posted. Have a safe and happy Fourth of July holiday.”
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