Thread regarding Verizon Communications Inc. layoffs

So I believe there will be a Eisp for union employees

So the opinion is that with contract coming in next summer the company would never offer a buy out .I believe the whispers I hear of the opposite. What better time scare the guys who been on the fence with the possibility of a strike .Then you lower the already low numbers right before a strike with a package they can’t refuse.The real bargaining issues are already retiree issues !!!So the company knows this retiree issue is now the biggest issue to deal with!!I would be on the look out for a union associate package in oct.Along with tons of management buyouts.The Verizon motto Less headcount is already well on its way


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| 2481 views | | 13 replies (last September 8) | Reply
Post ID: @OP+1k4fg3540

13 replies (most recent on top)

The corporation heads have stolen our hard earned retiree benefits.Now there is no other way then to work with untill we’re almost dead.Not sure How I feel about a package or a strike but one things for sure corporate thieves are worst then any other in Verizon as with Most of the greedy American corporations run by thieves

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Post ID: @m6+1k4fg3540

If there needs to be another strike so be it.
Most of our mortgages are now paid, most of the kids are now out of college.
Now it's all about preservation of what we've earned.
If we have to fight the good fight again, let's fight the good fight again.
Many have never been better positioned for a strike and, with the union using the strike fund to pay $400 a week from week 1 until unemployment kicks in, we'll do ok IMO

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Post ID: @h4+1k4fg3540

ID: @f4+1k4fg3540 Yes so they would want the offer out before the rate drops a potential full percentage point by spring so as to pay out lower lump sums.. They’re good like that.

They know they are top heavy with people that have the retirement numbers so they will put the carrot out when it best suits them for sure.

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Post ID: @gh+1k4fg3540

EIPP or not GATT will be down in 6 months or so. No rush.

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Post ID: @f4+1k4fg3540

Where? For which dept? Obviously you are just throwing something out there with no facts, just an opinion. Chumming the waters

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Post ID: @ec+1k4fg3540

I hope the OP is correct. There's too few people now, but fewer is even better from our customers point of view.
Why should our customers even expect to get back in service at the breakneck speeds that those local poor-quality cable companies offer restoration at?
Why should we even know when our customers are out of service, like those local poor-quality cable companies seem to be able to do?
Why should we be told to offer a reasonable and, usually accurate, service restoration estimate like our local poor-quality cable companies do?
Why shouldn't we make our customers pass through every conceivable hurdle, from reaching us, to making them do all sorts of at home acrobatics, to dispatch a tech to fix a trouble that WE KNOW is outside?
Why shouldn't we send a tech who only troubleshoots inside the home troubles even though our limited testing shows no optical network terminal being detected, indicating an obvious outside problem.
Why should we.... (even have customers, as there's no loyalty to them)

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Post ID: @d0+1k4fg3540

@ay Lowell exited holding so much Verizon stock, the DIVIDENDS ALONE pay him about $250k a MONTH. SICKENING.

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Post ID: @br+1k4fg3540

@ay, sometimes WASPs sting.

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Post ID: @bf+1k4fg3540

McAdam stole the expected medical benefits that I had earned and been promised away (with help (collusion) from an unexpected ally) but at least his medical needs are still likely covered in retirement without undue burden to him, so I feel good for him (and Vodafone - he did right by you too)

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Post ID: @ay+1k4fg3540

Strikes in this current political environment, and time of disenlightenment, are sui-idal.
The working public are now against their own best interests, and have capitulated to their betters.

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Post ID: @ax+1k4fg3540

If the retiree issues are the big issues left, people who take the package become retirees. An offer will definitely clear space, but the issues are still there.

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Post ID: @av+1k4fg3540

History repeating itself?
In 1989, many opted to retire pre-strike, concerned with the widely-floated propagandist threat of losing their earned continued medical benefit coverage into retirement, as management had, even though that idle threat did not come to full fruition until the union capitulated and caved-in the weekend before unemployment benefits kicked in, in 2016. (still wonder how that timing happened ;-)
These same unionists, likely bitter that they had done the heavy-lifting during the 1971 - 1972 strike, while their union counterpart "brothers" and "sisters" betrayed them and continued to work and keep a steady income, and, considering the lowly outcome of their sacrifice as minimal, adopted a once bitten, twice shy, approach to the pending '89 strike. IMO.
I think the current powers that be know what they're doing. They'll likely make it an offer that's too good to refuse, while backing it up with a threat, by also floating the idea of a financially ruinistic alternative if the old-timers stick to their g-ns, after a lifetime of toiling, too scared to lose what had been promised.
It's human nature - the risk is too big, and the union cannot, at times, be taken at their word as being well-intentioned.
Union leadership is made up of humans with their frailties. Some are stand-up individuals with empathy and dedication to a rightful cause, while some not so much, and consider it a self-serving endeavor rather than a trust.

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Post ID: @at+1k4fg3540

Yes , less is more for VZ. Didn’t they just offer one last year in the NYC area? Back to back would be strange

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Post ID: @ac+1k4fg3540

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