(NEW YORK) -- Verizon Communications announced Saturday that its 45,000 employees on strike will return to work on Monday.
The strike ended without the workers earning new collective bargaining rights. The wireline employees will restart work with the same terms of their contracts that expired on Aug. 6.
Marc Reed, Verizon’s executive vice president of human resources, said, “We agreed to end the strike because we believe that is in the best interest of our customers and our employees. We remain committed to our objectives, and we look forward to negotiating the important issues that are integral to the future health of Verizon’s wireline business.”
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