Thursday, April 14, 2016

Tech article 4/15

Verizon workers go on strike

  • 36,000 Verizon workers had walked out of verizon on Wednesday
  • Largest strike in the US since 2011
  • Verizon has outsourced 5,000 jobs to workers in Mexico, Philippines, and the Dominican Republic
  • They're now hiring low-wage, non union contractors for Verizon
  • Verizon continues to make record profit, but only from wireless business
  • The company says it saved $300 million in employee costs in 2015
  • Over time, there profits have increased up to 9% ever since from last year
  • Verizon has thousands of non union workers that are trained to cover the spots of the workers on strike for emergency reasons. 


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