The following is a brief update from the meeting today with Labor Relations regarding the EISP/Article 35.
There was an over subscription for the EISP offering in the surplus areas in the Potomac Region. However, the company did not reach the 12,000 minimum volunteers from the former Bell Atlantic footprint.
The decision as to whether a layoff will occur in Potomac has not been made. Should a layoff occur the off payroll date could be August 21, 2010 or it could be later. The company indicated today it will exercise its option under the Special Offer Agreement to have a second off payroll date in addition to the July 3rd date. The second date has yet to be determined.
The company also indicated it has not been determined as to whether all volunteers for the EISP will be accepted.
It is the company's intent to notify all accepted volunteers by Monday, June 28th. Discussions with the company will continue tomorrow.