Each labor contract calls it something different but the voluntary whichever termination package has to be approved by the union and although most members want it, the union won't agree to it because they don't want their revenue stream to go down. That's it! That's what it's all about! Money! The union wants union dues - MONEY! Just like you, me, politicians, the evil empire of the company and everyone else. It's all about money. If anyone tries to tell you anything different, they're full of $chitt.
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I never had a VTP that the union then came in and barred participation. Instead, they had watermarks. If the company laid off below the watermark, union says get out the "help wanted" sign. They don't block VTP.
The Union is supposed to protect jobs.
In my state, the Union allowed hundreds of jobs move to other states.
The Company hates this state, but loves to revenue.
Same old boring stale union post 🥱