Verizon, IBEW, and CWA Reach Tentative Agreement on New Contracts in New York and New England

Verizon Communications, the International Brotherhood of Electrical Workers, and the Communications Workers of America have announced a tentative agreement on new contracts in New York and New England, bringing an end to a 15-day strike affecting over 50,000 union-represented employees. The proposed three-year contracts will be discussed at a news conference hosted by Verizon in New York City. While the agreement marks a significant development in labor negotiations, the parties have yet to finalize a deal with the CWA in the Mid-Atlantic States.

Key Takeaways:

• The tentative agreement covers over 50,000 union-represented employees in New York and New England.
• The proposed three-year contracts are set to replace existing agreements.
• The agreement marks the end of a 15-day strike in New York and New England.
• Negotiations with the CWA in the Mid-Atlantic States continue.
• The news conference will be held at Verizon's New York City headquarters on August 21 at 10 a.m.
• A dial-in number for the news conference is available for the public and media.

Key Names and Organizations:

• Lawrence T. Babbio, Jr., Vice Chairman and President, Verizon Communications
• Eric Rabe, Public Relations, Verizon Communications (212-395-0500)
• Steve Marcus, Public Relations, Verizon Communications (202-646-4413)

Statistics:

• 15-day strike duration
• 50,000 union-represented employees affected by the strike in New York and New England
• 3-year duration of the proposed contracts
• 888-868-9083: dial-in number for the news conference
• 888-888-9540: continuous replay dial-in number (PIN 4448)

Sources:

• Verizon Communications press conference announcement
• International Brotherhood of Electrical Workers (no specific date or identifier mentioned)
• Communications Workers of America (no specific date or identifier mentioned)
• Waterfront Traffic, (201-784-2852), for information on the pool camera video feed.