But please tell me what is to stop the company walking all over us and slashing our packages (that's your package too) moving forward if the union loses its footing (what it has left of it) ?
Well, the harsh reality is there is nothing to stop them. The fight is lost; the management have made it very clear there is no more on offer.
What happens next? Get rid of the union that caused the problem and get a new one that can not only negotiate a better deal, but also communicate with the membership to understand exactly what that deal should be.
The next negotiation comes up in April, so haste is required.