Comment on Verizon, striking unions reach deal in principle

Verizon, striking unions reach deal in principle

Verizon Communications and its two unions reached an agreement in principle on a new labor contract, the Labor Department said, paving the way for about 39,000 landline employees to return to work after a 44-day strike. The parties are putting the four-year deal in writing, and union members should return to work next week, said Labor Secretary Thomas Perez in a statement.

 

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