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YP has formally notified the union that it has a surplus of 27 employees in their sales entity.  They have offered the EVSP to 26 Service Representatives and one senior office assistant.. YP LLC was formed in 2012 when AT&T announced it would sell 53% of its holdings to Cerberus Capital Management. AT&T received 47% equity interest, a 200 million dollar note, as well as $750 million in cash. As is often the case, big business plays and people pay.    Members who elect the EVSP will have until noon June 13 to accept the EVSP, and their last date on payroll will be no later than June 13.  The bargained for Enhanced Voluntary Severance offer pays up to 52 weeks of pay depending on time worked at the company. Members are encouraged to call Fidelity immediately at 800-612-4583. Please click here for details
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YP has formally notified the union that it has a surplus of 27 employees in their sales entity.  They have offered the EVSP to 26 Service Representatives and one senior office assistant.. YP LLC was formed in 2012 when AT&T announced it would sell 53% of its holdings to Cerberus Capital Management. AT&T received 47% equity interest, a 200 million dollar note, as well as $750 million in cash. As is often the case, big business plays and people pay.    Members who elect the EVSP will have until noon June 13 to accept the EVSP, and their last date on payroll will be no later than June 13.  The bargained for Enhanced Voluntary Severance offer pays up to 52 weeks of pay depending on time worked at the company. Members are encouraged to call Fidelity immediately at 800-612-4583. Please click here for details1.83 MB 1.83 MB