Health insurance costs: 222,927 at current heath insurance rates of $12,850 = $2,864,611,950 222,927 at increased rates for next year of $15,420 = $3,437,534,340
If VZ simply cancels health insurance benefits it would save $3,437,534,340
If VZ then eliminates vacation benefits it would save an additional 6 percent of employee compensation or about $3,000 per employee for another $641,136,000.
If VZ then eliminates all paid sick time and maternaty leave, jury duty and all the rest of such socialist things, it tould bring that up to over $1 billion for a total of over $4 billion per year.
Total savings without layoffs would be about $20 to $25 BILLION over the next 5 years.
Employees could keep their jobs and shareholders could reap great dividends.
Just a suggestion from Tea Party movemement folks to remove socialism from USA corporations.
Note: Since VZ has already decided to purge about 12,000 of the unproductive employees over the next several months, that will save about $600,000,000 or about $3 billion. This is also good to eliminate unproductive people from the workforce. They should purge more every year until VZ becomes productive.