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How Long will UPS last, as the Co We Know?
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<blockquote data-quote="BrownBlackandBlue" data-source="post: 594509" data-attributes="member: 6940"><p>A lot of the companies discussed in this thread as large, successful, and bankrupt were also high paying jobs. They were successful as long as they were able to set their prices and raise their prices, because they all served as a cash cow for their management and their unions. That went on until they had more competition and also managed to kill their cash cow by losing control of their costs. UPS is one of the few companies left that maintains high wages for both management and hourly, which is no small feat. I think UPS has reacted well in a couple of ways. When Fedex and especially RPS came along, the company changed and became far more customer focused. UPS has never allowed unpoductive jobs to be negotiated into its contracts and has always demanded and received a high level of productivity not found in the majority of union companies. I also think UPS and the Teamsters have realized that our fates are very closely tied together and have partnered well in the past few years to work towards things that are mutually beneficial. Finally, I think everyone has witnessed first hand that when it comes to tightening the belt and cutting back in a time of crisis, UPS has no peer. So be thankful for your high paying job, but understand that maintaining it requires alot from everyone.</p></blockquote><p></p>
[QUOTE="BrownBlackandBlue, post: 594509, member: 6940"] A lot of the companies discussed in this thread as large, successful, and bankrupt were also high paying jobs. They were successful as long as they were able to set their prices and raise their prices, because they all served as a cash cow for their management and their unions. That went on until they had more competition and also managed to kill their cash cow by losing control of their costs. UPS is one of the few companies left that maintains high wages for both management and hourly, which is no small feat. I think UPS has reacted well in a couple of ways. When Fedex and especially RPS came along, the company changed and became far more customer focused. UPS has never allowed unpoductive jobs to be negotiated into its contracts and has always demanded and received a high level of productivity not found in the majority of union companies. I also think UPS and the Teamsters have realized that our fates are very closely tied together and have partnered well in the past few years to work towards things that are mutually beneficial. Finally, I think everyone has witnessed first hand that when it comes to tightening the belt and cutting back in a time of crisis, UPS has no peer. So be thankful for your high paying job, but understand that maintaining it requires alot from everyone. [/QUOTE]
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How Long will UPS last, as the Co We Know?
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