Latest Headlines

Latest Headlines

Verizon fires 40 union workers for misconduct

Verizon's (NYSE: VZ) ongoing saga with its union workers took another turn this week as the telco let go 40 employees for committing what it says were acts of violence or making threats against

Verizon accused of dodging taxes by CWA and Citizens for Tax Justice

Verizon (NYSE: VZ) is once again facing another debacle with the Communications Workers of America (CWA), which has accused the telco of not paying its taxes over the past three years. The CWA's

FairPoint could lay off more workers in New England region

FairPoint Communications' (Nasdaq: FRP) recent move to cut 400 employees from its roster could be just the first stage of a broader layoff effort as the service provider may be forced to cut even

Verizon's recent strike holds up FiOS installations

Even as Verizon (NYSE: VZ) scales back its Fiber to the Premises (FTTP) roll out, the recent two week strike by 45,000 of Verizon's wireline union workers drove the service provider to suspend the

UPDATED: FairPoint lays off 400 in latest cost-cutting measure

FairPoint Communications (Nasdaq: FRP), in its ongoing quest to turn its financial fortunes, will lay off about 400 employees over the next several months. Management notified employees that about

Verizon's union workers accuse company of delaying Hurricane Irene repairs

While Verizon's (NYSE: VZ) unions may have agreed to come back to the bargaining table for a new labor contract, they are engaged in a new fight that claims the telco is taking too much time to make

Verizon resumes talks with unions over healthcare, other concessions

Verizon (NYSE: VZ) and its two main wireline unions--the Communications Workers of American (CWA) and International Brotherhood of Electrical Workers (IBEW)--are returning to the negotiation table

Verizon issues apology for strike, while workers say walkout helped negotiation process

Now that Verizon's (NYSE: VZ) 45,000 union workers have returned to work after a two week strike over healthcare and pension benefits, the service provider issued an apology to its customers.

Verizon employees return to work without new contract

About 45,000 wireline employees at Verizon (NYSE: VZ) will begin returning to work Monday night, two weeks after initiating a strike that has seen the telco struggle to maintain its FiOS TV, Internet

Verizon's wireline union workers to return to work, but contract negotiations will continue

Verizon's (NYSE: VZ) 45,000 wireline union workers plan to return work on Monday night, Aug. 22--but discussions on a new labor contract will continue. The return of Verizon union workers to their