Bad! Why the AT&T strike means jobs woes for Trump

Bad! Why the AT&T strike means jobs woes for Trump

Bad! Why the AT&T strike means jobs woes for Trump

AT&T shares closed Friday trading up 0.74% to $38.23 per share.

During a three-day strike this weekend, a majority of AT&T wireless, wireline and DIRECTV workers fighting for their contracts are expected to be on strike. The telco estimates that the striking workers account for about 13 per cent of its total workforce. AT&T employees claim that once the company changed its commission plan, they started taking home less money. The held signs reading "On Strike" as customers went in and out of the store and pedestrians walked by.

"We are ready to go, but we are hoping that AT&T comes to the table, and that we be on the right track toward reaching an agreement", said Candace Johnson, communications director for the the Communications Workers of America.

"The clock is ticking for AT&T to make good on their promise to preserve family-supporting jobs for more than 40,000 workers", said Dennis Trainor, vice president of CWA District 1, in a prepared statement. AT&T said the stoppage is slated to end at midnight Sunday.

Landline workers in California and Nevada picketed for a day in March to protest work rules for some in-home technicians and moves to replace US call-center jobs with contractors hired overseas.

Locally, workers have posted reminders about the planned walkout on message boards and social media asking customers to show their support by not shopping at AT&T stores.

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The groups on strike represent four different union contracts, the CWA said.

This is a strike happening with over 40,000 AT&T employees across the country.

We're offering generous terms in these negotiations including annual wage and pension increases, as well as comprehensive healthcare benefits, similar to what other employees across the country have ratified in other contracts.

Employees who are on strike say regardless if an agreement is made, they'll be back to work on Monday. But under the Taft-Hartley Act of 1947, sitting US presidents can unilaterally intervene in strikes or even potential strikes that they claim could create a "national emergency" and order workers to end their walkouts and return to work.

AT&T has been under pressure to control costs as its biggest business - wireless phone service - has matured and faced rising competition from Verizon, Sprint and T-Mobile.

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