CWA-AT$T Legacy T Bargaining Report #33Bargaining Report no.#33 - April 11, 2012
The Bargaining Teams met today. We discussed the Companys lack of responsiveness on a data request we made concerning the Companys plans for the next 10 years. This is particularly important in light of their rejection of our Successorship proposals while the Company has already started selling off parts of the business. Just last week they announced: We have reached an agreement to sell our AT&T Advertising Solutions and AT&T Interactive business units to an affiliate of one of the nation's largest private equity firms, Cerberus Capital Management. The transaction is expected to close in mid-year 2012. It is completely relevant to our bargaining that we are given information about their business plans.
After that discussion, we resubmitted our proposals to protect and expand JOG and to protect our employment security language, including our watermark of jobs and our limited layoff clause. The Company has rejected our proposals and is seeking to eliminate bo