Special Update RE: Company Offered Voluntary Separation Package
UNITED AIRLINES
TECHNICIANS and RELATED
SPECIAL UPDATE – MAY 29th, 2020
May 29th, 2020
RE; Company Offered Voluntary Separation Package
Dear Brothers and Sisters,
The company presented a Voluntary Separation Package yesterday to you the members. The Teamsters were advised during the company's discussion process that a package would be forth coming. We made suggestions to enhance the package, but those suggestions were not included in the final version. To be clear, this was not a negotiation and the package was not agreed to by the IBT. Each of you are in different stages of life and will need to weigh your options accordingly. However, in our opinion this package falls short of what we believe will be needed for a majority of the members who are close to retirement but not ready to make that decision. We can't say if any other packages will be offered, but if the company is serious about getting a large number of members to retire early, they will have to add more financial incentives to achieve that goal.
In Solidarity,
Vinny Graziano
Representative, Airline Division
International Brotherhood of Teamsters