Thread regarding Verizon Communications Inc. layoffs

Is craft getting "Stock Together" ?

Please don't hijack this thread with any of the usual craft vs management BS. I legit am curious if craft will be receiving this plan too.

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Post ID: @OP+12VY2Y9R

12 replies (most recent on top)

That's the one we already have,people here are talking about a new one.

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Post ID: @3wli+12VY2Y9R

We got a test from our Union Business Manager that yes craft is getting it, per the letter the company sent us in 11/18. The amount is based on the closing 1/31/20 and should be paid out mid february

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Post ID: @3zup+12VY2Y9R

I remember about 20 years ago, we were given a stock option. 100 shares @ $27 we had 10 years to cash it in. In those 10 years the stock price went over $27 for about 3 hours. If you had exercised the option on that day you could have made about 30 cents . Don't bet on the stock,. put any money in your 401k in a passive index

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Post ID: @1stu+12VY2Y9R

Know the Union early gets 45 paid sick days a year

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Post ID: @1wmy+12VY2Y9R

As long as the union gets their cut they should agree :)

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Post ID: @yjm+12VY2Y9R

It stated that it was up to the agreement by the unions. Once they agree, then yes, union members are eligible.

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Post ID: @uue+12VY2Y9R

That RSU is a bunch of crumbs compared to past VAR's. Greedy executives.

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Post ID: @ybj+12VY2Y9R

Here in Virginia we are getting the Restricted stock Unit ( RSU ) payout on January 31st. 2nd half of
50 shares. Union said so. :)

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Post ID: @egv+12VY2Y9R

Nope. Not in the contract.

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Post ID: @gzq+12VY2Y9R

subject to agreement by the unions

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Post ID: @bfj+12VY2Y9R

Negative, they put it for management only as of now.

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Post ID: @ybt+12VY2Y9R

Craft?

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Post ID: @qaw+12VY2Y9R

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