Approximately 39,000 Verizon landline and cable workers on the East Coast walked off the job Wednesday morning after working without a contract since August.

Approximately 39,000 Verizon landline and cable workers on the East Coast walked off the job Wednesday morning after working without a contract since August. An agreement was not reached with the Verizon (NYSE:VZ), largest U.S. wireless communications service provider. It is the biggest U.S work stoppage since 2011, when a Verizon strike lasted two weeks.

The strike is being led by the Communications Workers of America and the International Brotherhood of Electrical Workers, who say they're striking because the telecommunications giants is seeking to freeze worker pensions, make it easier to conduct layoffs and institute a heavier reliance on contract workers.www.washingtonpost.com/...