BUSINESSWEEK ONLINE : SEPTEMBER 4, 2000 ISSUE
NEWS: ANALYSIS & COMMENTARY

Verizon's Pricey Peace


The strike settlement could limit its ability to compete.

WORKFORCE FLEXIBILITY
Verizon agreed to severely limit the number of jobs it will shift from one part of the company to another. Now it can only move seven of every 1,000 jobs in a specific group.

NO LAYOFFS
The company can only reduce its 260,000-person labor force through attrition or by giving employees incentives to leave the company.

WIRELESS UNIONIZATION
Union organizers can use ''card check'' to try to unionize this unit. Rather than go through an election, workers simply sign cards saying they support the union.



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TABLE: Verizon's Pricey Peace



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