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Verizon Strike, Oh boy, oh boy... 45k people... unions.. ???
Uronacid
post Aug 18 2011, 11:59 AM
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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.
 
sixfive
post Aug 18 2011, 12:02 PM
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f*ck unions. get paid.
 
mipadi
post Aug 18 2011, 04:27 PM
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QUOTE(Uronacid @ Aug 18 2011, 12:59 PM) *
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.


Emphasis on more. Verizon is one of the most profitable telecom companies. 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.
 

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