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1800 jobs on CNN.....
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<blockquote data-quote="Cezanne" data-source="post: 669117" data-attributes="member: 5104"><p>The problem with your observation is that astute employees, particularly non-union administrative specialist, OMS's and the such are very limited in their job advancements. I got to feel sorry for most of them considering they just were not given the perks/early stock options/MIPs that their management peers have enjoyed over the decades. Their retirement benefits are locked in with their best five years and their annual salaries are nowhere near to what a manager would be able to qualify for with the same employment time with the company. Face it the the deck has been stacked for a long time to provide a select few with a good retirement or termination package, equality and fair play has never been a dominant issue with the corporation and from first hand experience also with the union. </p><p> </p><p>So, is this downsizing going to make things better or worse that will be the question at large. What I see is that the long term managers who qualify for the EBO will be doing a happy dance. The redundant individuals who will not qualify for early retirement will be jockeying for positions or see the writing on the wall and leave. The non-union administrative people will be offered a very limited severage package that most will not except and be provided some opportunities in other work areas. How it will effect the long term union employee, who knows. Guess we all have to wait and see and hope for the best....<img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="Cezanne, post: 669117, member: 5104"] The problem with your observation is that astute employees, particularly non-union administrative specialist, OMS's and the such are very limited in their job advancements. I got to feel sorry for most of them considering they just were not given the perks/early stock options/MIPs that their management peers have enjoyed over the decades. Their retirement benefits are locked in with their best five years and their annual salaries are nowhere near to what a manager would be able to qualify for with the same employment time with the company. Face it the the deck has been stacked for a long time to provide a select few with a good retirement or termination package, equality and fair play has never been a dominant issue with the corporation and from first hand experience also with the union. So, is this downsizing going to make things better or worse that will be the question at large. What I see is that the long term managers who qualify for the EBO will be doing a happy dance. The redundant individuals who will not qualify for early retirement will be jockeying for positions or see the writing on the wall and leave. The non-union administrative people will be offered a very limited severage package that most will not except and be provided some opportunities in other work areas. How it will effect the long term union employee, who knows. Guess we all have to wait and see and hope for the best....:wink2: [/QUOTE]
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