Thank you for your email to the CEO's office.Verizon must think the public is stupid. "Our wireline business has declined significantly in the last few years and we need a new contract that reflects today’s economic and business realities, as well as the needs of all of our stakeholders." So Verizon's significant decline in wireline business gave their CEO a 4% increase in total compensation reaching 18.1 million dollars? They awarded the CEO a 33% performance cash bonus, almost a million dollars additional from 3 million to 3.9 million dollars and now they expect middle class workers to take a cut in pay and benefits? The middle class has been soaked, bleeded, pounded, brutalized and ripped off enough. It's hard on the union members being on strike, but would you want to take a pay cut, after they gave their CEO a 4% raise to 18.1 million dollars for 1 years of work? This just stinks. Verizon just stinks.
Verizon remains committed to working with the unions to negotiate a fair and reasonable contract. Our intent is to secure a new contract that ensures Verizon employees will continue to receive competitive pay and benefit programs, while also providing a fair return to our shareholders. Our wireline business has declined significantly in the last few years and we need a new contract that reflects today’s economic and business realities, as well as the needs of all of our stakeholders.
Our goal is to keep Verizon strong now and in the future for our employees, customers and shareholders.
For the latest bargaining news and information, go to:
Chief Communications Officer