DENVER, March 18, 2008 – Qwest Communications International Inc. (NYSE: Q) and the Communications Workers of America have agreed to a voluntary separation program to be offered to certain employees in Qwest’s traditional local telephone business.
The program, which offers financial incentives based on years of service, would impact less than 2 percent of the company’s total work force. The program offer is expected to be completed March 27.
“Over the years, we have turned first to our natural attrition rate to balance the loss of traditional access lines,” said Bob Tregemba, Qwest’s executive vice president of Network Operations. “This program is part of our continuing effort to match our workforce to our work load.”
"We are always saddened by the loss of even one job, but the continued loss of access lines is a reality of the entire industry," said Reed Roberts, Administrative Director to Vice President of CWA District 7. "With that in mind we are pleased that we were able to reach agreement with Qwest on a viable solution that addresses the reality of the marketplace and provides a voluntary opportunity for those of our members who were considering either retirement or moving to other endeavors."
The company is committed to maintaining exceptional customer service levels and is proceeding with its broadband deployment plans, including fiber-to-the-node buildout
Qwest offers a powerful combination of award-winning broadband, video and voice solutions for residential customers, businesses and government agencies. Customers coast to coast turn to Qwest's industry-leading national fiber optic network to meet their evolving communications and entertainment needs. Qwest employees are the driving force behind the company’s nationally recognized Spirit of Service. Qwest is a participant in Networx, the largest communications services contract in the world, to provide innovative voice, data and video services. For more information on Qwest please visit www.qwest.com. For information about the products and services Qwest is offering in the Networx contract, visit www.gsanetworx.com
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