Corporate profits and executive compensation are at record levels while workers’ wages remain under extreme pressure. It’s not hard to see why. Verizon is earning $1.8 billion in profits every month, but rather fairly compensating workers, who make these profits possible, Verizon is demanding unreasonable cuts that undermine their livelihood.
Join our CWA and IBEW brothers and sisters as they fight for justice. Pickets will be held starting on Wednesday, April 13, 2016, and run seven days a week. CLICK HERE for a map of current locations.
Profiting off the backs of workers is by no means exclusive to Verizon. It has become a standard operating procedure across corporate America, aided in large part by a coordinated right-wing political agenda. That is why we all have a stake in this fight, and must demand that Verizon put people before profits and bargain a fair contract.
Last year, Verizon paid out $13.5 billion to shareholders through dividends and stock buybacks and paid its CEO $18 million – more than 200 times the compensation of the average Verizon employee. Saying that the company can’t afford a fair contract for workers goes beyond greed. It is destructive to countless workers, their families and the community.
More than 39,000 Verizon workers from Massachusetts to Virginia are now on strike. Despite the good-faith effort of workers to come to an agreement, the company has refused to budge and respect the legitimate concerns of workers.
We are proud to stand up as one united labor movement, where an injury to one is an injury to all, and thank you for your support. We will continue to update you on any new developments as well as the best ways to show your solidarity for our IBEW and CWA brothers and sisters.