This tells me everything I need to know.

Q4. If the Company could just implement the EFB/DL anyway, why would they
agree to an LOA with ALPA?
While they can implement both EFB and DL without an LOA, only a subset of
the potential cost savings would be realized.

Q5. Why didn’t we negotiate the EFB LOA separately from the DL LOA?
The Company had nothing to gain by granting additional EFB protections.
Accordingly, they initially refused to negotiate on the subject. Only by
combining the two LOAs into one could we find agreement on the additional
EFB protections.

I refuse to agree to a pay cut. If they want to force things on us fine, but Im not giving them anything without a fight, even if it costs me a couple hundred bucks a year.
If they go down the path they are threatening I expect the union to fight them every step of the way.