ups1990
Well-Known Member
While the Fed's bailed out General Motors, we can safely say that these workers would have made concessions years back before the company collapsed financially. Who would have thought, GM would go bankrupt without tax-payer money. Not their CEO's or management and for sure not their assembly workers. It has been said, that GM did go to its workers before its collapse that it couldn't sustain the current compensation packages, but fell on deaf ears.
At UPS, we've been hearing this same message over and over again by management about cost cutting measures in order to compete and be profitable. We all see their profit margins quarter by quarter but now we hear the company predicting a miserable summer financially. At this point, I don't know who to believe.
The company will demand more from its workers in the upcoming contract but will we really believe them?, it remains to be seen.
At UPS, we've been hearing this same message over and over again by management about cost cutting measures in order to compete and be profitable. We all see their profit margins quarter by quarter but now we hear the company predicting a miserable summer financially. At this point, I don't know who to believe.
The company will demand more from its workers in the upcoming contract but will we really believe them?, it remains to be seen.