Thread regarding Verizon Communications Inc. layoffs

Is Union going to pay mortgage for those strikers? 400 million strike fund will be gone very soon.

Heard Union is going to help strikers to pay the mortgage. I don't see 400 million is enough. I am non-union, so I don't know very much about how the strike support get payed.

35,000 CWA strikers (Because I don't know the exact number of who has crossed.)

Strike support:

$200 per striker for two weeks is

$14, 000,000.00

+

$300 per striker for two weeks is $21,000,000.00

+

$400 per striker for two weeks is

$28,000,000.00

---------------------------------------------------- $63,000,000.00

+

If the union will keep paying strike support to their members after they get unemployment benefit, according the company's timeline, until end of August.

$400 per striker for 12 weeks is

$168,000,000.00

+

$380,000.00 11 days for Cobra

The number probably will double during the next few weeks.

So $760,000.00


$231,760,000.00

+

$2000/ month mortgage per family

for 3 months 10000 families(for example)

So $60,000,000.00


$291,760,000.00

Not including the emergency room cost. (I wish God forbid it happens)

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| 1708 views | | 18 replies (last May 12, 2016) | Reply
Post ID: @OP+HmToc8O

18 replies (most recent on top)

"But why spend it on principle on a battle that doesn't look like it can be win?"

Winning isn't always cheap. Or easy. Or comfortable.

It seemed that the Germans would have a joyride through USSR when they first entered it, but it turned out to be a mistake that cost them losing the war altogether.

Unionized members are fighting their own Battle Of Stalingrad. Cruel, ugly and deadly albeit in a different way. Win it they must, or there will be none of them left.

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Post ID: @qkw+HmToc8O

"Not everyone lives paycheck to paycheck. We have money saved up because of our good union jobs!"

But why spend it on principle on a battle that doesn't look like it can be win? It just wipes out all that savings effort.

I count myself fortunate enough to be among those who could go a few years without working and still be fine because of savings, why the heck would I ever want to do that? Id be mortgaging my future for the present which is always a bad decision IMO.

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Post ID: @ffp+HmToc8O

Looks like Ed Mooney is here. The water is too deep. Nobody knows what is going on with the strike fund. Except those union masters. Union sheeps don't even have the balls to question their master.

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Post ID: @atk+HmToc8O

-pkq , It's non of anyone's business what happens with the union strike fund. Only the union employees who have skin in that game. People should only deal with issues that affect them. The strike fund doesn't affect management.

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Post ID: @gti+HmToc8O

"So having advanced degrees is great for personal satisfaction, but a complete waste if you're going to be shackled by a Union."

Well, I can only speak for myself and will say that in this job market an advanced degree held by a middle-age-white-male with a family to feed doesn't bring that many opportunities. And it's not that I haven't been looking around and sending resumes in. Yes, there were offers out there but none of them made me jump. To each their own, obviously.

Companies have a tendency of hiring kids the age of my own and offering them 1/3 of what I'd need to make in order to justify this type of transition in my own set of circumstances. There are many reasons why they get away with it that are beyond the scope of this thread.

So, staying "shackled to the union" is what some of us have chosen to do in order to get our kids through college and hopefully retire after that.

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Post ID: @fup+HmToc8O

Union is spreading skimping out on strike duty pay. No way they pay any mortgages. Well maybe one or two single black moms so they get some positive media coverage.

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Post ID: @ohr+HmToc8O

@khs

I don't doubt there are people in the Union that have very advanced degrees, but what exactly are they doing with them? There is no job function, in the Union craft, needing advanced degrees. So having advanced degrees is great for personal satisfaction, but a complete waste if you're going to be shackled by a Union.

As for the Excecutive pay, it has gone up, just like Verizon's profits have, BUT a majority of the profits are not on the wireline side. The side the Union represents.

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Post ID: @ngh+HmToc8O

I didn't save money for the strike ... That's on me ... But, I'm not expecting the union to pay my mortgage

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Post ID: @zbx+HmToc8O

"Any questions, call the hall" you're mind is not focused... you need realignment comrade.

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Post ID: @yra+HmToc8O

Any questions, call the hall

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Post ID: @czk+HmToc8O

" so that the Union members, who a majority didn't go to school and make contacts, myself included"

When it comes to school, speak for yourself. There are thousands and thousands of people on the union side with degrees so varying that it would make your head spin.

" can continue living the lifestyle they are accustomed to?"

Seriously now? The executives' compensation has been going in one direction - up - while the union workforce was expected time and time again to keep on swallowing the cost of company's operations through various givebacks.

It should not be that way. And there are companies elsewhere in the world where the union and management came to the conclusion that sharing both success and failure is the only way to beat the competitors. As for VZ and CWA/IBEW, they've got a very long ahead of them before that point is reached, if ever.

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Post ID: @khs+HmToc8O

@rjl- the OP was asking an honest question about how things work. Insults just show what a low life you are… is that how you answer you children/nieces/nephews when they ask you to explain something? Is that how you want their teachers and coaches to treat them?

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Post ID: @pkq+HmToc8O

@HmToc8O-rjl Not waste my time at all. I post it based on my knowledge. Just like I said I am neither EWA nor CWA. Sounds like you are a union guy. If I got nothing right, please correct it.

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Post ID: @pjj+HmToc8O

@ngm

Playing devils advocate here: Why is it fair (there is no such thing as fair) to the C suites, who went to schools and got the education and contacts they needed to succeed, should have to take salary cuts ( excessive compensation is one of the Union's rallying cry) so that the Union members, who a majority didn't go to school and make contacts, myself included, can continue living the lifestyle they are accustomed to?

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Post ID: @gcu+HmToc8O

OP, just post about things you know about. You wasted a lot of time, and got nothing right.

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Post ID: @rjl+HmToc8O

"We have money saved up because of our good union jobs!"

Amen to that.

And FTR, the last time that the union was actually helping with mortgage payments was during the 1971 strike. This is nothing new. Everyone who works for VZ knew for years that they would be on their own when it comes to "regular" bills in event of a strike.

Most of us have prepared accordingly.

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Post ID: @nfm+HmToc8O

Not everyone lives paycheck to paycheck. We have money saved up because of our good union jobs!

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Post ID: @xsg+HmToc8O

Why do nembers who didnt save money get help with there mortgage

Its not fair

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Post ID: @ngm+HmToc8O

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