Verizon Strikers to Get Paid From $400 Million Union Fund
As the Verizon strike enters its 4th week, workers on the picket lines are now receiving financial support from the Communications Workers of America's strike fund. The 40,000 strikers consist of mainly installation and service workers for Verizon’s internet and cable products. As a result, the telecommunications company has hired thousands of temporary workers and continues to maintain that it has not suffered any negative financial side effects. The CWA and Verizon met on Monday, after Verizon submitted its "last, best offer", but the two parties are still far from an agreement.
See "Verizon Strikers to Get Paid From $400 Million Union Fund", Aaron Pressman, Fortune, May 4, 2016