Boycott Verizon if at all possible
by Bill - 2011-08-18 - in life/money/employment
They're forcing pay cuts for the people who do the actual work there while their executives get millions in bonuses.
Last year Verizon made $12 billion in profits, got $1 billion in government subsidies and paid zippo, zero in taxes. But instead of sharing this windfall with the working people who make the company successful, Verizon has the audacity to demand their workers take pay and benefit cuts of $20,000 a year. This at the same time that Verizon's four top executives have pocketed over $258 million (a quarter of a billion) in the past four years, which is obscene.