Jim Cramer: Verizon Will Play Hardball With Union
Verizon employees are on strike, but don't expect the telecom to cave so quickly, says TheStreet's Jim Cramer.
Verizon (VZ) - Get Report employees are on strike, but don't expect the telecom to cave so quickly, said TheStreet's Jim Cramer. He said Verizon's landline business is declining, but it can increase its margins and profits substantially by shedding workers.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
