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Verizon Shareholders to Vote for Change of Course as Investor and Customer Concerns Grow

Days before Verizon?s annual shareholder meeting, the Communications Workers of America (CWA) announced today that Verizon workers, who also hold an estimated $1.3 billion in the company?s stock, will vote for a series of shareholder proposals to improve the company?s corporate governance. Verizon workers, who have been on strike since April 13, are saying the company?s short-sighted decision-making is hurting Verizon?s shareholders, customers and long-term viability.

Verizon Shareholders to Vote for Change of Course as Investor and Customer Concerns Grow

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Verizon Regional Bargaining Report # 53
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Verizon Regional Bargaining Report # 53

Your Bargaining Team met with the company in Rye this afternoon for approximately 2 1/2 hours. We made some compromise proposals in a number of areas, designed to kick-start the bargaining process. One of these proposals included a plan that would give the company greater flexibility in routing customer service calls, while at the same time limiting the amount of contracting out of that work overall.

Verizon Regional Bargaining Report # 53