What is in the card for future UPS?

[BadIdeaGuy]

Greed has no ceiling. Otherwise, UPS would not have to layoff 12K employees and so on. It didn't lose money in 2023!

They're laying off 12K management. Not employees.

All companies expand and contract. They're trying to find the most efficient way to exist with the workload required.

I'm sure they'll bring you back if volume picks up.

 

[IVE GOTTA PACKAGE 4U]

What we used to do best? And how much that would cost?

Less than the business we are losing

 

[anonymous23456]

They're laying off 12K management. Not employees.

All companies expand and contract. They're trying to find the most efficient way to exist with the workload required.

I'm sure they'll bring you back if volume picks up.

Oh yeah? Shut down packages centers permanently is to punish management? You are very much into class warfare!

 

[MyTripisCut]

They're laying off 12K management. Not employees.

All companies expand and contract. They're trying to find the most efficient way to exist with the workload required.

I'm sure they'll bring you back if volume picks up.

They expanded the workforce during Covid. Volume is returning to pre pandemic levels. There is layoff language to protect union jobs. I think the number of management employees could use a little adjusting, especially PT.

 

[anonymous23456]

They're laying off 12K management. Not employees.

All companies expand and contract. They're trying to find the most efficient way to exist with the workload required.

I'm sure they'll bring you back if volume picks up.

You have no idea what is going to happen in 2024 and 2025! Just wait and see...

Mark this date:
"Please save March 26, 2024, to join us for the UPS Investor and Analyst Day as we share details on our strategy and provide multi-year financial targets"

 

[BadIdeaGuy]

You have no idea what is going to happen in 2024 and 2025! Just wait and see...

Lol.

2024, my route will be pretty much the same.
2025, my route will be pretty much the same.

Even if we laid off the 25%+ it would take to reach me, I'll just bump inside for my contractual 7 hours a day.

 

[Pullman Brown]

This 117 years company has only 3 choices.

1. Go private. If it wants to control its future, it needs to shed Wall Street control. However, this won't be enough. It has to keep its workforce at a smaller size while inventing new business stream to generate income.
2. Shut down completely and return cash to shareholders.
3. Go bankrupt and lose everything.

There will be no merger or buyout from any company/investor with unionized workforce. It can only be possible if Amazon is unionized, FedEx is unionized, and DHL is unionized.

 

[anonymous23456]

Lol.

2024, my route will be pretty much the same.
2025, my route will be pretty much the same.

Even if we laid off the 25%+ it would take to reach me, I'll just bump inside for my contractual 7 hours a day.

I agree. You got yours just like Tome got hers.

 

[Pullman Brown]

This 117 years company has only 3 choices.

1. Go private. If it wants to control its future, it needs to shed Wall Street control. However, this won't be enough. It has to keep its workforce at a smaller size while inventing new business stream to generate income.
2. Shut down completely and return cash to shareholders.
3. Go bankrupt and lose everything.

There will be no merger or buyout from any company/investor with unionized workforce. It can only be possible if Amazon is unionized, FedEx is unionized, and DHL is unionized.

Relax, stop being so emotional 2008 financial crisis was worse- stock was down to $48.

 

[BadIdeaGuy]

I agree. You got yours just like Tome got hers.

The union will protect its own according to the rules agreed to in our contract.

You chose a career in management. Live white collar, die white collar.

 

[anonymous23456]

Relax, stop being so emotional 2008 financial crisis was worse- stock was down to $48.

Actually you are right. I forgot another option. UPS can spin off delivery division to a separate company and focus entirely on something else with different name!

https://investors.ups.com/_assets/_d4721036789cfcf7aa211a002aee0c6e/ups/db/1086/10772/pdf/UPS+2023+Sell-side+Breakfast+Presentation.pdf

 

[Staydryitsraining]

Damn am I glad you expressed your opinions here so I could read this while I .

 

[IVE GOTTA PACKAGE 4U]

Lol.

2024, my route will be pretty much the same.
2025, my route will be pretty much the same.

Even if we laid off the 25%+ it would take to reach me, I'll just bump inside for my contractual 7 hours a day.

Rookie

 

[MyTripisCut]

Actually you are right. I forgot another option. UPS can spin off delivery division to a separate company and focus entirely on something else with different name!

https://investors.ups.com/_assets/_d4721036789cfcf7aa211a002aee0c6e/ups/db/1086/10772/pdf/UPS+2023+Sell-side+Breakfast+Presentation.pdf

K

Bye

 

[IVE GOTTA PACKAGE 4U]

Relax, stop being so emotional 2008 financial crisis was worse- stock was down to $48.

It was around 39

 

[MECH-II]

Greed has no ceiling. Otherwise, UPS would not have to layoff 12K employees and so on. It didn't lose money in 2023!

UPS is obviously blaming our raise in wages on eliminating management positions they’ve been eyeing up for years. It’s all part of the plan

 

[Pullman Brown]

It was around 39

You wish you were 39

 

[anonymous23456]

K

Bye

Sure, Felicia!

See ya around at different company!

 

[MyTripisCut]

Sure, Felicia!

See ya around at different company!

I’ll be here, at big brown.

 

[TSB]

I agree. Tome, the next CEO, and the next CEO will squeeze UPS for profits so that they can make millions in salary and stock options. One day, UPS will just go bankrupted and valuable assets will be sold to vulture companies.

Yeah but think of how many cool new ice cream trucks will be hitting the streets.