Verizon Says No Strike Called as Talks Continue With Unions

Verizon employees stand on the picket line in front of the company's corporate office in New York, on Aug. 8, 2011.

Photographer: Stephen Yang/Bloomberg
Lock
This article is for subscribers only.

Verizon Communications Inc. said employees will continue to work as negotiations continue between unions and the second-largest U.S. telephone company on an agreement on benefits.

Contracts with the Communications Workers of America and the International Brotherhood of Electrical Workers expired Saturday night at midnight New York time, the company said in a statementBloomberg Terminal.