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Brown's response to economic downturns
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<blockquote data-quote="HEFFERNAN" data-source="post: 438099" data-attributes="member: 11315"><p>I only started in '95 so I wasn't around during Bush the First's recession in '91. Every company goes through this in their own way. UPS's profit is tied to the economy so I can understand some closings and layoffs.</p><p> </p><p>But, UPS is quick to hire and expand when the economy grows, so that is why I wouldnt be to worried. After the strike would be a good example. We cut our own throats to get more FT jobs for the part timers. It took many many years for us to recover volume to pre-strike levels. Now all these 22.3 jobs are being dismantled all over the place and we have no way to stop them.</p><p> </p><p>Its a roller coaster ride and we have to accept that in this industry. The jobs will be back. The economy will be back.</p><p> </p><p>Side note: Growing up with religeous parents, They have told me at least 3 times that the world was going to end. Each time they were wrong. Don't believe all these newspaper headlines and naysayers. Just hope you are not the fat that gets trimmed off in January and keep moving the packages.</p></blockquote><p></p>
[QUOTE="HEFFERNAN, post: 438099, member: 11315"] I only started in '95 so I wasn't around during Bush the First's recession in '91. Every company goes through this in their own way. UPS's profit is tied to the economy so I can understand some closings and layoffs. But, UPS is quick to hire and expand when the economy grows, so that is why I wouldnt be to worried. After the strike would be a good example. We cut our own throats to get more FT jobs for the part timers. It took many many years for us to recover volume to pre-strike levels. Now all these 22.3 jobs are being dismantled all over the place and we have no way to stop them. Its a roller coaster ride and we have to accept that in this industry. The jobs will be back. The economy will be back. Side note: Growing up with religeous parents, They have told me at least 3 times that the world was going to end. Each time they were wrong. Don't believe all these newspaper headlines and naysayers. Just hope you are not the fat that gets trimmed off in January and keep moving the packages. [/QUOTE]
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