Verizon Potomac Local Bargaining Report # 3
The Potomac Local Bargaining committee met with the Company today. The Union presented additional proposals on improvements to Article 31, Vacations, Article 32, Payments During First Seven Days of Sickness Absence and Article 33, Excused Time. The company did not submit any additional proposals today.
Verizon is not a Company facing a financial crisis. Verizon is extremely profitable. The New York Times just reported that Verizon topped the list of publicly traded companies in New York City with more than $127 BILLION in revenue. Verizon netted a 35.34% three year stock return and recorded $9.6 BILLION in profits in 2014. Verizon should be ashamed to come to the bargaining table demanding retrogressive changes.
The Regional Bargaining Committee is scheduled to meet with the Company tomorrow. We need to continue to stand strong and get our message out that we are more committed than we’ve ever been to fight to protect our wages, benefits and working conditions. Tomorrow is Thursday so remember to wear your RED!
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