Thousands of unionized AT&T workers in Connecticut – and more in several other states – launched a two-day strike as they negotiate a new contract.
AT&T has demanded major concessions from workers in the Communications Workers of America union on health care, job security, scheduling, sick leave, disability and pensions, according to a press released issued by the union. Members have been working under an expired contract since April.
On the CWA website, the union writes, that retirements “are on the bargaining table.”
“AT&T’s corporate reports show that top executives have millions in benefits coming when they retire," the website states. "How big a benefit will you get from the pension plan? Do you know how much is saved in your 401k?”
A spokesperson told a that the company is “negotiating in good faith.”
According to the latest quarterly report from AT&T, the company remains highly profitable with $3.9 billion netted, an increase from $3.59 billion a year ago.
However, Tech News World reports competition from Verizon in the wireless business is fierce.
Analisa Harangoze contributed to this report.
