UPS Teamsters joined union members at Verizon in a rally and march against Corporate Greed in New York City on Friday, Oct. 21.
In the last four years, Verizon made $19 billion in profits. But management is demanding across-the-board concessions, including steep cuts in workers’ healthcare and pensions.
Sound familiar? UPS Teamsters took concessions when the company was making record profits. This year, UPS has already made $3 billion in profits.
CEO, Scott Davis, has quadrupled his pay to $12.5 million a year. Part-time starting wages are below the minimum wage in some states and our wage increases are below inflation levels.
Local 804 member Kamal Kaalund carried a sign that says it all, “Teamsters at UPS. CWA members at Verizon. We are the 99%!”
Thousands of union members marched from a Verizon building past the Occupy Wall Street demonstration to a Verizon Wireless store downtown.
The Teamster delegation at the march and rally was organized by Teamsters for a Democratic Union.
