According to various reports, AT&T (NYSE:T, news, filings) and the Communications Workers of America (CWA) have finally broken out the peace pipes. Not everywhere though, just in the Midwest for some 18,500 workers. The new 3 year contract appears to be a compromise, with workers getting pay increases but also agreeing to pay more for health insurance. It's not a done deal yet of course, union must vote on whether to accept the new contract first. But I suspect everyone is rather tired of this by now, and if they were going to strike they probably would have done so already.
How about the other 100K or so union employees that aren't part of this deal? I'll bet that if this contract goes through, a similar one will quickly be on the table for the rest. There were several points at which I thought everything might break down and a strike would happen, but somehow they managed to not let the process run that far out of control. Both sides pushed hard, but neither really wanted war. Any CWA members out there? Was this victory, defeat, or stalemate?
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