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Verizon Day of Action for Fair Contract Aims at Company’s Board

Photo credit: CWA

Today, at more than 300 events around the country, activists from the Communications Workers of America (CWA), other AFL-CIO unions, Jobs with Justice (JwJ), 99% Power coalition and other allies are mobilized for a National Day of Action for a fair contract for 45,000 Verizon workers who are members of CWA and the Electrical Workers (IBEW).    

Verizon is a $100 billion company that has made tens of billions in profits, yet is demanding $10,000 a year from each worker in compensation cuts. At the same time, Verizon CEO Lowell McAdam got a 200 percent raise from $7.2 million to $23.1 million, courtesy of the communication giant’s board of directors. 

That’s why today’s actions will send a message not only to Verizon executives, but to members of its board of directors that workers deserve a fair contract, not more corporate greed.

Board members get a cool $230,000 just for serving on Verizon's board. That's more than what three top technicians, who provide quality service to customers, earn.

IBEW Photo

Activists are reminding these board members that they share in the responsibility to make sure that Verizon negotiates fairly with workers instead of demanding massive givebacks from workers who are fighting to hold on to their place in the middle class.

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