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Brown Cafe UPS Forum
UPS Union Issues
UPS Timeline from a Major Shipper's POV
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<blockquote data-quote="sortaisle" data-source="post: 1147470" data-attributes="member: 17605"><p>UPS went public for 2 reasons. 1. They knew they'd be able to pull off a record IPO. It's free money for them. 2. Free money for them. Greed. The company is run by a few people who get paid more in shares than they do in salary. And when you get 50-80% of your money from shares, you make sure the shares are worth as much as possible. This is why the union is/can/should be the counter balance. The problem is the part time workforce doesn't give a crap about stuff and just shows up for a paycheck. Perfect storm in favor of UPS.</p></blockquote><p></p>
[QUOTE="sortaisle, post: 1147470, member: 17605"] UPS went public for 2 reasons. 1. They knew they'd be able to pull off a record IPO. It's free money for them. 2. Free money for them. Greed. The company is run by a few people who get paid more in shares than they do in salary. And when you get 50-80% of your money from shares, you make sure the shares are worth as much as possible. This is why the union is/can/should be the counter balance. The problem is the part time workforce doesn't give a crap about stuff and just shows up for a paycheck. Perfect storm in favor of UPS. [/QUOTE]
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