Home |  Elder Rights |  Health |  Pension Watch |  Rural Aging |  Armed Conflict |  Aging Watch at the UN  

  SEARCH SUBSCRIBE  
 

Mission  |  Contact Us  |  Internships  |    

        

 

 

 

 

 

 

 

 



AT&T Proposes Labor Deal For 27,000 Workers 

Reuters

May 13, 2009

* Says gives best and final offer for 27,000 workers


* Labor negotiations continue with 80,500 workers


* AT&T shares down 1.6 pct


AT&T Inc (T.N) said on Wednesday it had given its "best and final" offer for a labor agreement covering about 9 percent of its employees whose contract has expired.


AT&T said the offer to the 27,000 Communications Workers of America members includes pension and wage increases, and keeps 401(k) contribution as well as "above-market health care."


A representative of the CWA declined comment on the offer from AT&T because negotiations were still going on.


The latest offer from AT&T was to workers in Texas, Missouri, Oklahoma, Kansas and Arkansas.


AT&T is currently in discussions with the union for labor contracts covering a total of 80,500 of its employees. AT&T has a total employee base of about 299,000 people.


Shares of AT&T were down 1.6 pct to $25.32 in noon trading on New York Stock Exchange.


Copyright © Global Action on Aging
Terms of Use  |  Privacy Policy  |  Contact Us