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Thousands Of AT&T Employees In Calif., Nevada Hold Walkouts -Los Angeles Times

Thousands of AT&T Inc. (T) landline employees in California and Nevada held walkouts Friday, according to the Los Angeles Times. The Communications Workers of America union said the move was a protest against unfair contract demands including an increase in health-care costs, the newspaper reported. A union spokeswoman said the walkout was only expected to last for one day, the report said. An AT&T spokesman said the company continues to seek a fair contract with the union, the Los Angeles Times reported. The spokesman said AT&T is "thoroughly prepared" in the event of a strike. Full story at http://www.latimes.com/business/technology/la-fi-tn-att-strike-20120608,0,6019054.story Write to nymonitoring@dowjones.com

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