By Jeff Bigelow
Dynamics in the 2024 Bargaining and Strike
Context: Episodes in CWA’s Struggle to Achieve Some Measure of Power for Workers Amid Technological Change, Mergers and the role of the State
Introduction
ATT spent months stalling negotiations and forcing workers out on strike. On July 11 its representatives even said that some of the workers are paid too much. ATT made $144 billion in gross profit from June 2022 to June 2024 and it was only by the labor of workers that the profit was created. Yet AT&T wanted to stall and deny the workers.
Worse yet, the real AT&T, the real owners, the handful of financial institutions that own the huge blocks of stock that control AT&T, and take the profit, they get to hide behind the administration that does their bidding.