As you see the news about the strike playing out in the press or discussed in conversations in your town, here are five reasons to back the working people at Verizon in their negotiations with the telecommunications giant: 1.
Verizon makes billions each year, yet they still expect people to do more with less.
The corporation raked in .6 billion in profits in 2014, billion over the last three years – and .8 billion a month in profits over the first three months of 2016.
Apparently, Verizon corporate bosses are unsatisfied with their massive profit margins and want to make working people do more with less.
In negotiations thus far, Verizon has asked its loyal workforce for huge cuts to retirement security and benefits to people injured on the job, increases in employee health-care costs, and elimination of job security.
Additionally the company wants to uproot technicians to work away from home for as long as two months without seeing and taking care of their families who depend on them. Instead of putting forward reasonable negotiating terms, Verizon has invested resources in training 15,000 employees to take over in the case of a work stoppage.
Today, unions of working people at Verizon announced that they will strike on Wednesday morning if their bosses fail to come to the table to negotiate a mutually beneficial agreement.
More than 39,000 Verizon employees, members of the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), are ready to take the streets to demand a fair return on their work.