Verizon Strike Ends

    SAN FRANCISCO, CA - AUGUST 17:  Union workers picket outside of a Verizon Wireless store on August 17, 2011 in San Francisco, California.  San Francisco Bay Area union workers staged a demonstration in front of a Verizon Wireless store in solidarity with striking Verizon union workers on the East Coast. Verizon is seeking $1 billion in concessions from 45,000 of its union workers.  (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan / Getty Images

    The 45,000 Verizon employees on strike will go back to work Tuesday after the company agreed to extend the terms of their old contracts indefinitely while they restart bargaining for new ones with two unions. Almost half of Verizon's workers, from Massachusetts to Virginia, went on strike Aug. 7 after talks failed with the expiration of their contracts. It was the largest strike in the nation since a General Motors one in 2007. It was a painful episode for workers who didn't have paychecks for two weeks, and Verizon's image suffered as customers complained of delays in repairs and installations.

    Read it at Reuters