Verizon faced the prospect of hundreds of protests Friday as the...
Verizon faced the prospect of hundreds of protests Friday as the Communications Workers of America (CWA), Jobs with Justice and other groups sought to demand what they call “fair” conduct from two members of Verizon’s board of directors: Darden Restaurants…
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CEO Clarence Otis and Banco Popular CEO Richard Carrión. CWA alleges Darden restaurant workers are “not fully compensated for their work and others have been subjected to racial discrimination” and that Banco Popular “owes taxpayers more than $900 million in TARP bailout money -- more than any other bank in the United States except one,” all while both companies’ CEOs receive money from Verizon. The rally leaders want Verizon to resolve contracts with its workers as the company demands “cuts in compensation from workers of at least $10,000 a year,” CWA said, and it wants these CEOs to “take responsibility” for its role in the Verizon contract dispute. CWA planned protests in nearly 300 locations, including Chicago, Los Angeles, New York, Miami, Boston, Washington, and San Juan, Puerto Rico, where workers will be “engaging in street theater and leafleting customers and managers of Darden restaurants, Banco Popular branches and Verizon Wireless stores.” “This is more of the same and nothing new,” said Verizon spokesman Rich Young. “Union rallies do nothing to advance bargaining. We believe the only way progress can be made is for both sides to engage in meaningful contract talks at the bargaining table. We are always ready and willing to engage. Union leadership needs to do the same."