Slashdot Mirror
45,000 Verizon Workers On Strike Over New Contract
Trouble with your landline? If you have Verizon, especially on the east coast, it might not be the best time to have it fixed; The Daily Mail reports that "Forty-five thousand Verizon workers from Massachusetts to Washington, D.C., are on the picket line Sunday as labour contract talks fizzled. More than a fifth of the wireless giant's work force has gone on strike as contract negotiations for the wireline division broke down last night."
Someone will hear about this, Verizon! I dema [Closing Link: tech.slashdot.com (Disconnected from server.)]
tech.slashdot.org*
sweetheart as a veteran of the phone industry the rest of the developed words phone companies does consider the US third world
Verizon wants 100 concessions from their union employees. Even though Verizon’s top five executives received compensation of $258 million over the past four years (1), Verizon wants to freeze pensions for current employees. Also eliminate traditional pensions for future workers, while making its 401(k) plans somewhat more generous for both (2). Additional, there's demands from Verizon regarding health care premiums for union employees.
References:
"It's one thing to talk about the poetry of machines. Quite another to listen to it for yourself."
The middle class is better off now than it was 40 years ago. The poor are better off as well.
Over the last 4 decades, consumer prices have steadily increased, while wages for many workers haven't even kept pace with inflation.
Although overall income had grown by 27% since 1979, 33% of the gains went to the top 1%. Meanwhile, the bottom 60% were making less: about 95 cents for each dollar they made in 1979.
http://sociology.ucsc.edu/whorulesamerica/power/wealth.html