Good morning Gents,
Everyone just sit back and take a deep breath. No, it is not as bad as you think. For many of us, it is solely an imposed meagre payrise. They haven't imposed a new contract on you, just a payrise. And, the opportunity to stay past 55 on the present pay scale.
Remember, CX cannot impose a new contract on you unless you sign and agree. Yes, the new joiners will join under COS 08.
If you are smart, you will take an objective look around and see if there is something better out there. And if there is, then you will take it. CX will only respond if people choose to leave. However, if you are like many of the people on this forum, you will rant and rave, ......and then do absolutely nothing.
Think for yourself and don't listen to the spin. If you are unhappy leave. You are doing no one any favours by staying, especially yourself. Nuff said!!!