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Slapped in the face by UPS
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<blockquote data-quote="Channahon" data-source="post: 479038" data-attributes="member: 7666"><p>In these tough economic times, UPS is faring somewhat better than rival FedEx, whose management are taking a <strong>5-20%</strong> pay cut, and FedEx, yesterday announced <strong>900 Freight drivers</strong> being laid off due to lack of volume and competitive pricing by their competition. </p><p> </p><p>I haven't heard the total number of layoffs at UPS, so far, I have heard 60 airline mechanics, and 500 part timers due to air sort consolidations. The air volume has been dropping since the 3rd quarter of 2008, as businesses are downgrading the level of service used to save money. </p><p> </p><p>Companies cannot afford to keep employees on the payroll, if there is no work for the employee. As sad as that statement is, that is the realities of today's economic and business world.</p><p> </p><p>The old saying of "Save for a rainy day" just turned into the "Perfect Storm". No one knows when the Sun will come out again.</p></blockquote><p></p>
[QUOTE="Channahon, post: 479038, member: 7666"] In these tough economic times, UPS is faring somewhat better than rival FedEx, whose management are taking a [B]5-20%[/B] pay cut, and FedEx, yesterday announced [B]900 Freight drivers[/B] being laid off due to lack of volume and competitive pricing by their competition. I haven't heard the total number of layoffs at UPS, so far, I have heard 60 airline mechanics, and 500 part timers due to air sort consolidations. The air volume has been dropping since the 3rd quarter of 2008, as businesses are downgrading the level of service used to save money. Companies cannot afford to keep employees on the payroll, if there is no work for the employee. As sad as that statement is, that is the realities of today's economic and business world. The old saying of "Save for a rainy day" just turned into the "Perfect Storm". No one knows when the Sun will come out again. [/QUOTE]
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Slapped in the face by UPS
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