I know you hear the Unions says this is about loss of benefits and outsourcing. Douche bag Bernie Sanders states myth Verizon pays no taxes when the CEO provides him wrong by showing Verizon paid $15 billion over the last 2 yrs.
No the Union children are mad Verizon is no investing and shrinking their wireline/landline business. I mean how many of us have moved away from a landline at home. Most companies, like mine, have moved to internet based lines. Landlines are going the way of the dinosaur and Verizon is right to take steps to prepare for this declines.
Once again it is Union stupidity that will lead to their downfall. 40k union workers walk out; 10k already trains non-Union worker come in to keep operations a float. There will be at least 20k pink slips when the strike is over. Slowly but surely Union workers will get phased out.
Also the workers they are supposedly fighting for are ones that have a combined benefit of $130k.
Unions announce Verizon strike, assailing 'shameful demands'
The company said that the employees in question have a wage and benefit package that averages $130,000 a year. It said that many of the employees affected worked on "wireline" or landline operations that it sees as increasingly less profitable.
"Over 99 percent of these employees support the wireline business which in 2015, contributed about 29 percent of Verizon’s revenue but less than 7 percent of the Company’s operating income," the company said in its statement.
Verizon said it had offered a 6.5 percent wage increase over the term of the contract, "access to quality and affordable" healthcare, and a 401K with a company match."
No the Union children are mad Verizon is no investing and shrinking their wireline/landline business. I mean how many of us have moved away from a landline at home. Most companies, like mine, have moved to internet based lines. Landlines are going the way of the dinosaur and Verizon is right to take steps to prepare for this declines.
Once again it is Union stupidity that will lead to their downfall. 40k union workers walk out; 10k already trains non-Union worker come in to keep operations a float. There will be at least 20k pink slips when the strike is over. Slowly but surely Union workers will get phased out.
Also the workers they are supposedly fighting for are ones that have a combined benefit of $130k.
Unions announce Verizon strike, assailing 'shameful demands'
The company said that the employees in question have a wage and benefit package that averages $130,000 a year. It said that many of the employees affected worked on "wireline" or landline operations that it sees as increasingly less profitable.
"Over 99 percent of these employees support the wireline business which in 2015, contributed about 29 percent of Verizon’s revenue but less than 7 percent of the Company’s operating income," the company said in its statement.
Verizon said it had offered a 6.5 percent wage increase over the term of the contract, "access to quality and affordable" healthcare, and a 401K with a company match."