Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
What GM workers weren't wiling to do that UPS workers might.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="klein" data-source="post: 851348" data-attributes="member: 23950"><p>Once you have a ratio of paying 5 retirees pension for each worker, that created their biggist liability.</p><p>Face it, UPS is still a growing company, and has pension problems.</p><p></p><p>While the big 3 (2) downsized thru more modernization, and of course because of less sales, too, their pension plan bubbled.</p><p>And it was the first thing they attacked when going under bk protection. - To get out of those huge liabilities or atleast to downsize them.</p></blockquote><p></p>
[QUOTE="klein, post: 851348, member: 23950"] Once you have a ratio of paying 5 retirees pension for each worker, that created their biggist liability. Face it, UPS is still a growing company, and has pension problems. While the big 3 (2) downsized thru more modernization, and of course because of less sales, too, their pension plan bubbled. And it was the first thing they attacked when going under bk protection. - To get out of those huge liabilities or atleast to downsize them. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
What GM workers weren't wiling to do that UPS workers might.
Top