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Posted by: Uronacid Aug 18 2011, 11:59 AM

So, what are your thoughts on the Verizon Strike. What do you think is going to happen?

Personally, I believe times are tough, and in order for Verizon to become a more profitable & competitive company it needs to shed the union workers. Especially in the stagnant land-line business. I think it's going to happen too.

I believe many companies are looking to shed union workers as their more expensive than their non-union counter parts. Verizon is just beating the rest of the larger corporations in America to the punch.

Posted by: serotonin Aug 18 2011, 12:02 PM

f*ck unions. get paid.

Posted by: mipadi Aug 18 2011, 04:27 PM

Emphasis on more. Verizon is one of the http://thinkprogress.org/economy/2011/08/08/290205/verizon-strike-profits/. Its revenue last year was $4.65 billion, and its on pace to triple that this year. In fact, its performance is outpacing the telecom industry as a whole. The CEO earns $18 million, a 4% increase in salary over last year.