First off, the company can't do any of that stuff simply because the contract is amenable. Our union would have to present it for a vote by the membership. I realize confidence in our union is pretty low, but having been here for over 15 years and knowing the players involved, I can give you my personal assurance that they would NEVER put out something like that for the membership to vote on UNLESS they were absolutely positive it would go down with a 98%+ "no" vote. That would send a great message to the company that they're barking up the wrong tree.
As for buying off the senior votes with big raises, really?! As one of those senior guys, I know better than to vote for a big raise while taking it in the shorts on scope, 401K, medical, vacation, etc.... Yeah, there might be a few who would accept that deal, but again, knowing quite a few senior folks I can tell you it wouldn't be many. Not nearly enough for something like that to pass.
But honestly, I don't see the company offering big raises to anybody, so I'm not too worried about them buying many folks off.
Is the company going to want concessions on pretty much everything? Of course!! But the question is, is it really something to worry about? I don't believe so. Who cares what they ask for? We'll probably be asking for the exact opposite of what they're asking for. This is called a traditional labor-management relationship. I wish we didn't have it, but we do. When was the last time you heard of ANY unionized company going into negotiations where the company walked into the room and said they'd be happy to work with the union on a good new contract? They ALWAYS walk in asking for breaks, even when things are good. And when was the last time a union walked into negotiations and initially said they'd be happy to work with the company on a crappy new contract?
They'll fight. We'll fight. Whoever has better determination will come out on top. It's nothing to lose any sleep over though. Everything the company will do is EXPECTED. The real question is, will we be able to effectively counter it?