Verizon Corporate “GREED” striking CWA workers

Over 45,000 Verizon workers are now on strike touting Verizons refusal to bargain and  to bring a  stop  to the Corporate GREED and Verizon’s attack on the middle class.  The Strike which took effect on August 9, 2011, continues to heat up as workers fed up with not being heard and having to give up benefits that hurt pay and healthcare benefits. Union 1036 – the Communications Workers of America (CWA) and IBEW are on strike from New York,  New England to Virginia to protest the company’s attacks on middle-class workers and retirees.  Union workers are walking picket lines all around New York – in front of jobs sites, wireless stores and central offices –  bringing the fight to Verizon’s doorstep and citing SCABS to people not honoring the strike and crossing the picket lines.

The disgruntal workers reference that in the last four years aloneVerizon made more than $19 billion in profits and compensated their top five executives more than a quarter of a billion dollars.  And on June 22 Verizon pushed proposals that would let them outsource more jobs, including sending jobs overseas, slash sick days, eliminate benefits for workers who get hurt on the job and cut the healthcare benefits they promised retirees. And striking workers said that Verizon corporate haven’t budged. Creating masses labor concerns and questioning the value Verizon President Lowell McAdam is placing on Verizon’s union workers. Some of the CWA workers complaints is that Verizon’s CEO, Ivan Seidenberg, takes home $55,000 PER DAY. But Verizon put over 100 bargaining demands on the table for a new contract that hits the average Verizon worker for a $12,000 pay cut over the life of the contract. OUCH, as workers are struggling just to keep a roof over their heads and food on the Family Table. How can Corporate Executives continue to ignore their employees needs and the economy,while pocketing enormous annual salaries and bonuses?  Even Warren Buffet stated that each Corporate Executive and our Congressman should for several years live on an annual amount of $21,000.00 per year for themselves & their families. Buffet shared his thoughts on  the Charlie Rose TV Show live at the studio in New York yesterday.

 

 

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Posted by on Aug 17 2011. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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