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Brown Cafe UPS Forum
UPS Partners
50% MIP, 12k employees being cut
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<blockquote data-quote="FonzieG" data-source="post: 5820003" data-attributes="member: 97876"><p>Right on guys, I did say it was a 'nobody wins' scenario. All covid did was delay these inevitable moves. Abney got sacked because earnings were snail-paced and costs kept going up. Carol was brought in to clean house and keep costs under control. She just had to wait for covid to be over to REALLY begin to do her real work. Pretend April 2020-December 2022 didn't happen and everything starts to make sense. So now Partners get thrown out, shareholders are stuck with a bad investment, Union will take the rap and be linked to bad earnings/layoffs, and our customers are stuck with an organization in full money-grubbing mode. It's going to be a long, dirty, depressing slog.</p></blockquote><p></p>
[QUOTE="FonzieG, post: 5820003, member: 97876"] Right on guys, I did say it was a 'nobody wins' scenario. All covid did was delay these inevitable moves. Abney got sacked because earnings were snail-paced and costs kept going up. Carol was brought in to clean house and keep costs under control. She just had to wait for covid to be over to REALLY begin to do her real work. Pretend April 2020-December 2022 didn't happen and everything starts to make sense. So now Partners get thrown out, shareholders are stuck with a bad investment, Union will take the rap and be linked to bad earnings/layoffs, and our customers are stuck with an organization in full money-grubbing mode. It's going to be a long, dirty, depressing slog. [/QUOTE]
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50% MIP, 12k employees being cut
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