Verizon Continues Layoffs
Over 16,000 employees to be cut in two years...
Verizon has already cut 8,000 jobs in the last twelve months, and during the company's second quarter earnings conference call
announced they'd be laying off another 8,000 employees during the second half of this year. While some of the layoffs are because of the housing market and Verizon's slowly dying residential phone business, the company is also making a very intentional move away from rural connectivity
so they can focus on more immediately profitable urban and suburban FiOS and wireless delivery. Interestingly, the 200 employees laid off yesterday in Massachusetts and Rhode Island
were mostly FiOS installers:
Eric Hetrick, business manager of IBEW Local 2322 in Middleborough, said the majority of the laid-off workers are technicians who carry out home installations of Verizonï¿½s FIOS network. Verizon is aggressively promoting FIOS, which delivers high-definition TV and high-speed Internet access as well as phone service. Hetrick said the FIOS technicians had plenty of work to do but were laid off because they had less seniority than other union members.
Verizon began this year with roughly 235,000 workers nationwide
116 comments .. click to read
KrKHeavy Artillery For The Little GuyPremium
|reply to neftv |
"Unions are ruining the country." Oh boy.
I'll guess I'll have to partly agree with you, but for a different reason. Unions are helping ruin the country--- not because of what they do, but because they aren't strong ENOUGH to protect the workers anymore. What's left of Union labor is divided and run over at will by corporations and the right ideology, so, yes, Unions are adding to the problems in the USA by not being strong or powerful enough to stop the decline.
"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
Z801 point 77Premium
So rather than people being laid off or kept based on their merits and productivity, the union has it based on seniority. Nice. Hard work gets you no where in the IBEW.