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Brown Cafe UPS Forum
UPS Union Issues
How dare UPS layoff workers after profitting $5.8 BILLION in 2010?
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<blockquote data-quote="menotyou" data-source="post: 805417" data-attributes="member: 24535"><p>I don't believe UPS is owned by the employees. Since the company was taken public, it has a fiduciary responsibility to its stockholders. It is overseen by the SEC, though. </p><p></p><p>I use to love my job and my employers. I can not say that anymore. That is what is so sad. This company took its best asset, its employees, and tossed them aside in its grotesque desire for the almighty dollar.</p></blockquote><p></p>
[QUOTE="menotyou, post: 805417, member: 24535"] I don't believe UPS is owned by the employees. Since the company was taken public, it has a fiduciary responsibility to its stockholders. It is overseen by the SEC, though. I use to love my job and my employers. I can not say that anymore. That is what is so sad. This company took its best asset, its employees, and tossed them aside in its grotesque desire for the almighty dollar. [/QUOTE]
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How dare UPS layoff workers after profitting $5.8 BILLION in 2010?
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