SBC said over the weekend it reached a tentative 5-year labor agr...
SBC said over the weekend it reached a tentative 5-year labor agreement with the International Brotherhood of Electrical Workers (IBEW) covering 11,000 of its employees in Ill. and northwest Ind. SBC Midwest CEO Joe Walkoviak said the agreement gave…
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the company “greater control over our cost structure and flexibility to meet our competitive challenges, while continuing to provide the outstanding wages and benefits.” He said the agreement -- subject to ratification by the union members -- contained “strong wage, health care and employment security provisions.” The agreement is separate from the one SBC reached with CWA earlier this year (CD May 26 p).