Looks like district 3 is going to be offered another buy out of the same guidelines back in 2020
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District 3 is BellSouth, which is Florida, Georgia, Alabama, Mississippi, Louisiana, Kentucky, Tennessee, North and South Carolina.
What stat/states does district 3 cover?
OK, so here we go again with people not understanding the corporate structure of the company they work for.
If it's not in the contract of your specific company (or CWA or IBEW region if you prefer) it will not be offered, there are a lot of companies bought and owned by SBC that were ordered by Whitacre to brand themselves as AT&T. The only reason Whitacre bought AT&T is that was the only way, after divestiture, that he could fulfill his lifelong dream to be CEO of AT&T. Everyone knew that company was not worth buying at all, it was very close to going bankrupt, but they had that name and Whitacre had his dream so SBC bought AT&T, then Whitacre demanded all companies call themselves AT&T, but it is a sham, all the companies still exist, and still own all the real estate and right-of-way's and equipment in their own names.
I know Pac-Tel has that kind of offer allowed in their contract, I know SBC does NOT have that in their contract, I don't think Americr@p has it in theirs and I don't know what Bellsouth or Connecticut or Cingular or Telecom or any of the others that I did not mention have.
To the question "Why don't all regions offer the same thing?", the answer is: if it's not in your contract, it cannot be offered and YOU AIN'T GETTIN' IT........
If you want changes made, get with your union, and, good luck with that...
"Can they do that and get away with it?
Why not offer to all districts?"
They can offer buyouts to only specific departments if they want to. And limit the amount of people on those departments who can take it.
Can they do that and get away with it?
Why not offer to all districts?
"They aren’t going to make an offer when they could just as easily announce a surplus in two weeks."
Let us see. There is an upside to the company if they offer a voluntary option- no WARN act (save 60days pay), no impact on unemployment insurance, no need to offer placement services, stay in good grace with regulators, still can have employees sign a non-compete, etc.
But let us see. So far in the last several iterations, HR has been penny-wise pound foolish. Why else do they need to keep on talking about force reduction every few months - they are not doing right-sizing the right way. If they can afford to write off 10's Billions on bad deals, they sure can afford to provide a proper offer that would yield the outcomes they want and give them at least 3-5yrs of the steady runway.
They aren’t going to make an offer when they could just as easily announce a surplus in two weeks.
I would take it @ 31 years