They are looking to save a few billion over the next few years. They are looking to get most of the senior union people off payroll by years end.
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I hope so. Would lessen the blow that all the remaining 50+s took to their pensions and 401ks by not jumping ship a year and a half ago when interest rates were at zero and market was on fire.
i dont know, but could be. the fttp is drying up in nyc, poor return on the investment. and they're paying us big bucks to wait for new work. 3 and 3 would look good to my shoppe of entirely 50+ers with broken knees , or they can pay us for 3 more years of vacation ,holidays , sick time and uncertainty.
With this company...you never know whats on the drawing board.
This would be my dream scenario, which is exactly why it will not happen. If we all left, who would do the work? Talk about a sh**show.
Possibly? Contract ends August of 2026. I can see them trying to eliminate folks before negotiating a new contract but those union retirees are more ruthless than the associates. The biggest thing is the retiree health benefits, if the EISP includes those health benefits I’m sure you’ll see many union folks packing up to leave.
Hahahaha in your dreams.
I would tend to agree that this is bs. But given the current condition of the company and the inability of the Swedish Chef and his band of reject Muppets to right the ship, nothing can be ruled out. The company could offer EIPP packages to about 20% - 25% of “senior” staff (senior = 20+ years of service). Leaving enough senior staff to train the younger workers. At least 20% would save the company millions and would show investors they’re attempting to cut costs. Plus we know, they’re are plenty of takers if another EIPP was offered.
how about a 6 and 6 plus 1k towards your S.S .then everyone will leave and you can hire a non union work force ,
this is all rumors ,no truthto this post,i call B.S on this post