AT&T Is Just Like the Auto Industry—Except for its $12.9 Billion Profit
| April 6, 2009 |
While it isn’t worth responding line-by-line to the Company’s self-serving “Labor Update,” we do need to address one of the company’s outrageous claims on health care:
“Union-represented Core wireline employees pay similar amounts for their health care as union workers at the Big 3 automakers pay—and it’s clear what those sorts of unsustainable costs have done to America’s auto industry.”
This is the lowest kind of scare tactic: “If you don’t let us slash your health care benefits, we’ll end up like the auto industry!” It’s incredible that AT&T management is trying to draw a parallel between a successful and expanding telecom company and the Big 3. AT&T posted profits of $12.9 billion for 2008 and is on track for solid growth this year.
We’ve shown the company how to save money without massive cost-shifting; yet their only objective is to make us pay more. Clearly, AT&T is looking for scapegoats, not solutions.
Read CWA’s press release in response to AT&T’s outrageous comparison to auto.