AT&T Advertising Solutions Bargaining Report #12
The Union and the Company met on Tuesday, and lengthy discussions ensued over the future of the business and the industry as a whole. Current trends are expected to continue, loss of print revenue, surplusing, and growth of the IYP business.
Health care cost the have gone down on average over the last two years and the Company’s complaint that they have not been able to shift more health care costs on to the workers. The Union pointed that the Company is accelerating their pursuit into the 34 billion dollar health care market.
AT&T has generated over 4 billion dollars in the health care market. The Company has the ability to harness innovative technology to help improve patient care and further reduce medical costs nationwide.
The Union can only ask, why are you hitting our members so hard on health care. The Union reminded the Company that the Yellow Pages business has provided 10.8 billion dollars in profit since the last time we have negotiated our 2004 Agreement. AT&T has also sold parts of their business (i.e.) L.M. Berry and who knows what the future holds. The Union has provided another major proposal to the Company.
As new information becomes available we will keep you updated.
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