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Brown Cafe UPS Forum
UPS Partners
2023 Teamster Contract Negotiation - Partner Edition
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<blockquote data-quote="DMW" data-source="post: 5533190" data-attributes="member: 105507"><p>After the strike of 1997, UPS Board of Directors only lower the stock from $30.50 to $30.00. Because it was private and nobody rushed to sell. In my District if a management person wanted to sell stock you had to go meet with the District Manager and Controller, in normal business. Now that we’re public. We can’t afford to shut down.</p><p></p><p>The Union almost always use’s that tactic. A sixteen day strike would now cost UPS over 4 billion dollars. An agreement can be reached, and remain competitive.</p></blockquote><p></p>
[QUOTE="DMW, post: 5533190, member: 105507"] After the strike of 1997, UPS Board of Directors only lower the stock from $30.50 to $30.00. Because it was private and nobody rushed to sell. In my District if a management person wanted to sell stock you had to go meet with the District Manager and Controller, in normal business. Now that we’re public. We can’t afford to shut down. The Union almost always use’s that tactic. A sixteen day strike would now cost UPS over 4 billion dollars. An agreement can be reached, and remain competitive. [/QUOTE]
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