After disagreements over new contracts, 45,000 Verizon workers, or roughly 25% of the company's workforce, went on strike on August 7th. The Communications Workers of America and the International Brotherhood of Electrical Workers refuse to pay a $100 monthly premium on their health benefits and do not agree with other contract terms, but now they may have no benefits at all. Verizon is threatening to pull all health benefits from any employees who are still striking on August 31st.
Boy Genius Report, Verizon to pull striking worker's health benefits on August 31st
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