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Brown Cafe UPS Forum
UPS Retirement Topics
My poor pop would be rolling in his grave!
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<blockquote data-quote="twoweeled" data-source="post: 2253987" data-attributes="member: 27108"><p>RE UPS board. I'm assuming you had intimate knowledge of this, and this isn't an assumption on your part. But it does make sense. I also recall the feeling of a lot of management leaving shortly have going public. My assumption was, it was part of the plan to provide themselves with a nice bump in net worth, due to the rise in stock price. Could've been a coinki dinki too?</p><p>The management Committee was 100% correct, in that it did destroy the UPS culture.</p><p>Management feeling betrayed? Maybe. There have always been some management who felt we were over compensated and hated it. There were managers who seemed to have not cared less either way. But I'll defer to you on that one. I really don't know. </p><p>Personally, I think the strike was needed and a success. I'm glad it happened even in retrospect. I am a retiree, but not sure what you refer too (Teamsters screwed themselves). Retiree medical coverage now is terrible, but not in 97.</p><p>Retiree payments could've/should've been hire, but due to the company subsidizing other entities it shouldn't have been subsidizing, IT ISN'T AS GOOD AS IT SHOULD BE? I'll agree on that one? </p><p>Not sure what you referred too.</p></blockquote><p></p>
[QUOTE="twoweeled, post: 2253987, member: 27108"] RE UPS board. I'm assuming you had intimate knowledge of this, and this isn't an assumption on your part. But it does make sense. I also recall the feeling of a lot of management leaving shortly have going public. My assumption was, it was part of the plan to provide themselves with a nice bump in net worth, due to the rise in stock price. Could've been a coinki dinki too? The management Committee was 100% correct, in that it did destroy the UPS culture. Management feeling betrayed? Maybe. There have always been some management who felt we were over compensated and hated it. There were managers who seemed to have not cared less either way. But I'll defer to you on that one. I really don't know. Personally, I think the strike was needed and a success. I'm glad it happened even in retrospect. I am a retiree, but not sure what you refer too (Teamsters screwed themselves). Retiree medical coverage now is terrible, but not in 97. Retiree payments could've/should've been hire, but due to the company subsidizing other entities it shouldn't have been subsidizing, IT ISN'T AS GOOD AS IT SHOULD BE? I'll agree on that one? Not sure what you referred too. [/QUOTE]
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My poor pop would be rolling in his grave!
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