Verizon Strike Settled – Waiting For Details

It looks like it might have been a good day for workers today – first the ruling on forced arbitration and now it looks like the Verizon strike might be settled. Although, the details have not been made public yet, my guess would be that Verizon finally caved to the union’s demands. The union understood and seemed to be prepared for the war of attrition that the strike has turned into while Verizon looks like it had only budgeted for a strike that would end in the first quarter of its fiscal year.  The company had already issued a warning that the continued strike could effect its bottom line. Let’s hope the agreement reflects some of my optimism for Verizon workers.