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Brown Cafe UPS Forum
UPS Union Issues
Central States Enhanced Plan/And why I may vote no
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<blockquote data-quote="Catatonic" data-source="post: 1138488" data-attributes="member: 7966"><p>Sorry I was not more specific ... I was talking about GM record profits in the past (therefore the use of the word "was") when they gave away the house to the Union employees.</p><p>That came back to haunt them since they could not compete pricewise 2 decades later.</p><p></p><p>PS -not sticking up for UPS.</p><p>It's just that I feel someone needs to point out teh reality that UPS is sqeezing profits out of a turnip that is dry.</p><p></p><p>Some tough years to come as production gains and cost containment have been maxxed out.</p><p></p><p>PS - I no longer own UPS stock so my POV is not a selfish one.</p><p></p><p>I do want a strong UPS so that future US-based UPS employees have a viable, strong company to work for.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1138488, member: 7966"] Sorry I was not more specific ... I was talking about GM record profits in the past (therefore the use of the word "was") when they gave away the house to the Union employees. That came back to haunt them since they could not compete pricewise 2 decades later. PS -not sticking up for UPS. It's just that I feel someone needs to point out teh reality that UPS is sqeezing profits out of a turnip that is dry. Some tough years to come as production gains and cost containment have been maxxed out. PS - I no longer own UPS stock so my POV is not a selfish one. I do want a strong UPS so that future US-based UPS employees have a viable, strong company to work for. [/QUOTE]
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