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UPS Union Issues
90% Yes to strike
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<blockquote data-quote="PobreCarlos" data-source="post: 600771" data-attributes="member: 16651"><p>scratch;</p><p> </p><p>Just an opinion, but I suspect that there are those in management at UPS who look back on the '97 strike and think more of opportunities it made available then than anything else. The lost business had an impact, yes...but the profit was still there on what remained; it was mostly the Teamsters who shot themselves in the foot financially in terms of lost income. However, signing-off on the Teamsters concession (the 100 million CSPF rebate) instead of biting the bullet and sticking to a complete withdrawal from Central States - regardless of temporary cost - is something that I think the company's management rues to this day. Remember, the company was limited to a withdrawal liability of approximately a billion back then, but a few years laters paid 6 billion to bail-out. That amount of money - coupled with vastly bettered work flexibility - would have, in many manager's minds, covered a much longer job action on the part of UPS. And don't think for a moment that there aren't those in UPS's management considering that today.</p><p> </p><p>UPS has always been a long-term company and, although "going public" changed that somewhat, I don't think it's changed things THAT much. And being that type of company (bearing in mind that public shareholders still don't have much of a say) might - and please note that I'm saying *MIGHT*, not shall - open-up all sorts of possibilities.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 600771, member: 16651"] scratch; Just an opinion, but I suspect that there are those in management at UPS who look back on the '97 strike and think more of opportunities it made available then than anything else. The lost business had an impact, yes...but the profit was still there on what remained; it was mostly the Teamsters who shot themselves in the foot financially in terms of lost income. However, signing-off on the Teamsters concession (the 100 million CSPF rebate) instead of biting the bullet and sticking to a complete withdrawal from Central States - regardless of temporary cost - is something that I think the company's management rues to this day. Remember, the company was limited to a withdrawal liability of approximately a billion back then, but a few years laters paid 6 billion to bail-out. That amount of money - coupled with vastly bettered work flexibility - would have, in many manager's minds, covered a much longer job action on the part of UPS. And don't think for a moment that there aren't those in UPS's management considering that today. UPS has always been a long-term company and, although "going public" changed that somewhat, I don't think it's changed things THAT much. And being that type of company (bearing in mind that public shareholders still don't have much of a say) might - and please note that I'm saying *MIGHT*, not shall - open-up all sorts of possibilities. [/QUOTE]
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90% Yes to strike
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