2020 Buyout offer

Discussion in 'UPS Partners' started by Fourscoreandzeroyears, Oct 7, 2019.

  1. Any thoughts or chatter about a early 2020 buyout offer for 55 and up?
     
  2. burrheadd

    burrheadd KING Of GIFS

    Lol
     
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  3. Turdferguson

    Turdferguson Just a turd

    Operations or non Operations?
    I believe @Indecisi0n has seen paperwork on one of them
     
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  4. VacationIsCancelled

    VacationIsCancelled New Member

    April, July or October 2020 should give us some solid rumors
     
  5. PASinterference

    PASinterference Yes, I know I'm working late.

    If your arse will still fit in a chair, no buyout for you!
     
    Last edited: Oct 7, 2019
  6. silenze

    silenze Lunch is the best part of the day

    If peak is another disaster then they will
     
  7. rod

    rod #1 on Upstates "list"

    Just like clock work--every year. Same old rumors.
     
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  8. PASinterference

    PASinterference Yes, I know I'm working late.

    Doesn't hurt to be optimistic.
     
  9. Indecisi0n

    Indecisi0n Well-Known Member

    Not yet. I am overwhelmed with the paperwork to lock up the president .
     
  10. 542thruNthru

    542thruNthru Well-Known Member

    @Lineandinitial was offered a buy out.
    He was told Amazon would buy UPS straight cash in 2021 and replace all the teamsters with contractors and drones.

    You should get your offer by the end of the month because as you know. You're worthless anyways and the company loses money on you everyday.
     
  11. Lineandinitial

    Lineandinitial Active Member

    "He was told".....
    How's the view way down at the bottom of the food chain??
     
  12. PASinterference

    PASinterference Yes, I know I'm working late.

    Remember one thing. We are in the package delivery business, not the management business. Today's management are nothing more than parasitic employees that create problems to justify their jobs. It's a fact...like it or not. You will soon be replaced by an 18 yr old Indian kid on a teleprompter making $20 a day.
     
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  13. Lineandinitial

    Lineandinitial Active Member

    Yet another "informed" hourly. "Package delivery business"....Quite the visionary...who are you, Claude Ryan?
     
  14. PASinterference

    PASinterference Yes, I know I'm working late.

    tenor (3).gif
     
  15. DELACROIX

    DELACROIX In the Spirit of Honore' Daumier

    No chatter on this side, but I am thinking that there will be a buyout some time before 2023, just to clear the books.

    One of the indicators of changes to come would be the recent retirements from the corporate level, clearing house and eliminating redundant high salary positions. In sense a "buy out" considering most of them on that level will be retiring with pensions formulated at half their annual salaries calculated from their last 5 years, including their stock bonus, etc and full medical (no cost).

    What they offer the mid managers and below will be another story..:beafraid:
     
  16. Gipsee

    Gipsee Member

    Got the offer in the mail yesterday. Election period is October 7- November 16
     
  17. Kathykatkat

    Kathykatkat New Member

    Really? What area/department do you work in?
     
  18. Indecisi0n

    Indecisi0n Well-Known Member

    I just got an offer today in the mail.
     
  19. Gipsee

    Gipsee Member

    I was in IT/Management over 14 years ago. I left UPS in 2005
     
  20. burrheadd

    burrheadd KING Of GIFS

    you get fired?