I have not been with the company long enough to compare their response to this economic downturn to others that have happened in the past. I don't mean this to be a debate on the size/scope/definition of what is happening in the economy now versus the past. Rather, UPS's response to an economic contraction. What we know for sure: They are ending some 1da sorts around the country (dfw, coe, and joliet???). When IT professionals were in the demand (late 90s), they were made managers just to pay them enough. Now, they are trying to reduce those numbers. Benefits prices are going up. Projects are being canceled. Budgets are being cut across the board. "global workforce" is the buzzword for moving jobs to India, Russia, and other countries. How much of this is for the public/stockholder? I have always regretted UPS going public because we seem to worry about the next quarter more then the next decade. So what was UPS's response during the past recessions....early 80's, 75 oil crisis, etc. Were there layoffs? Closing of hubs, consolidations of districts? etc? to the extent we are seeing today?