Strikers will also lose pension benefits, life insurance and other benefits.
According to Verizon spokesman Lee Gierczynski, the company?s base of landline telephone customers declined from 45 million to about 25 million in just the past five years.
Verizon Communications is sending its 45,000 striking workers notice that their health insurance benefits will expire at the end of the month if they don't get back to work.
Verizon Communications is sending its 45,000 striking workers notice that their health insurance benefits will expire at the end of the month if they are not back at work.
Verizon has threatened to pull the benefits of 45,000 striking workers on Aug. 31.
Mac OS X Lion thumb drive has been introduced for people who want to own a copy of the new software but do not have a strong Internet connection.
Hundreds of Verizon workers in red shirts interrupted a nine-day-old strike to place a wreath at a site in suburban New York on Monday morning, where a colleague was fatally injured on a picket line 22 years ago. The union workers began reportedly one of the biggest labor strikes in recent U.S. history on Aug. 7.
Some would have you believe the U.S. Congress can't do much to create jobs: not true. If Congress says "build us an aircraft carrier," a short time later, an aircraft carrier will appear. Likewise for roads, bridges, schools, hospitals, and the electric grid -- all of which in the U.S. need work and would create jobs.
The Verizon strike of 45,000 landline employees has hit its ninth day and doesn't show any signs of stopping anytime soon, as the two sides continue to stand far apart on many issues.
The union says health care is not the issue in the Verizon strike. A local union president says Verizon is attempting union busting.
About 45,000 Verizon workers, represented by the CWA and the International Brotherhood of Electrical Workers, have been on strike since last Sunday after talks for a new labor contract failed.
Shortages of steel raised fears that the automobile industry would suffer production cuts and might have to lay off significant numbers of their own workers.
Virtually all strikers are from the company?s struggling wireline division.
Reportedly, incidents of wire-cutting by aggrieved strikers have interfered with the phone services of thousands of customers between Virginia and Massachusetts.
Many of the people demonstrating near Ivan Seidenberg?s home carried placards and held candles.
Verizon Communications Inc and a union representing about 35,000 striking workers swapped labor complaints on Friday, with both sides complaining that the other was not bargaining in good faith.
A union representing about 35,000 striking Verizon Communications Inc workers filed unfair labor practice charges against the telephone company, complaining that it refused to bargain in good faith.
A mischief at Verizon went to an underground vault with keys and disconnected the police landline phone service. It is uncertain if the Tuesday incident was connected with the Verizon strike.
Verizon claimed sabotage, and called the FBI Friday. Tensions in the 45K worker strike are rising.
Verizon Communications (VZ.N) won court injunctions in three states to prevent strikers from blocking facilities and it was seeking similar legal protection in two more states on the fifth day of a strike involving almost half the workers in its wireline business.
Verizon said Thursday service during the 45,000 worker strike was going well. But others tell a different story. Negotiations continue, but the tension rises as the strike nears one week.
Verizon Communications (NYSE:VZ) claims all is going well with its landline operations, though has filed injunctions against striking employees for destruction of property.