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UPS Discussions
Safe Driving and Years of Service Awards Gone!
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<blockquote data-quote="Bubblehead" data-source="post: 488549" data-attributes="member: 14176"><p>This company is not losing money. It is still very profitable. It is still well positioned within the marketplace. It's the marketplace that is suffering. UPS is more interested in satisfying stock holders than its employees. Opening the stock to the general public is the worse thing this company has ever done. It is no longer good enough to be profitable. A company has to ever improve upon its previous year or the stock suffers. Had our stock not gone public we would have been better equipped to weather this storm. I am fortunate to be 20 plus years vested in this company. Luck has nothing to do with my continued employement with UPS. When the economy turns around UPS will follow suit. Till then both sides of workforce will be affected, both white and blue collar. The pecking order will be the only difference.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 488549, member: 14176"] This company is not losing money. It is still very profitable. It is still well positioned within the marketplace. It's the marketplace that is suffering. UPS is more interested in satisfying stock holders than its employees. Opening the stock to the general public is the worse thing this company has ever done. It is no longer good enough to be profitable. A company has to ever improve upon its previous year or the stock suffers. Had our stock not gone public we would have been better equipped to weather this storm. I am fortunate to be 20 plus years vested in this company. Luck has nothing to do with my continued employement with UPS. When the economy turns around UPS will follow suit. Till then both sides of workforce will be affected, both white and blue collar. The pecking order will be the only difference. [/QUOTE]
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