buyout offer 2019

Discussion in 'UPS Partners' started by Fourscoreandzeroyears, Dec 26, 2018.

  1. Any news on second management buyout offer in 2019
  2. Indecisi0n

    Indecisi0n Well-Known Member

    Haven't heard anything about buyouts , just layoffs.
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  3. FedEx buyout offer is pretty generous. 4 weeks pay for every year worked in Express division up to 2 years pay for those that qualify and accept. That's showing up with the money and what I call a reasonable offer.
  4. Old Man Jingles

    Old Man Jingles Rat out of a cage

    Have you considered the tax implications?
    When UPS made an offer in 2007, I was happy with the amount UPS paid but the tax implications made it not a good offer.
  5. Jkloc420

    Jkloc420 Well-Known Member

    ups should just buy everyone weed stock
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  6. TearsInRain

    TearsInRain IE boogeyman

    no, bitcoin, that’s a real winner

    all those :censored2:ty weedbrain startups are going to get bought up by big agro anyways
  7. Poop Head

    Poop Head Lovin' every minute of it!

  8. brownIEman

    brownIEman Well-Known Member

    And you don't think the folks in on the ground floor of those startups are going to make a killing when that happens...?
  9. TearsInRain

    TearsInRain IE boogeyman

    some will, a lot more will lose their ass on companies that don't make it
  10. bottomups

    bottomups Bad Moon Risen'

    I'm growing four plants right now. Think they'll buy me out?
  11. Popeye

    Popeye Active Member

    UPS will never offer a “good” buyout. Their goal is to make an offer that sucks just a tiny bit less than staying. Staying would suck a lot these days, so I would recommend looking forward to pretty crappy offers from here on out. Say thank you to Scott Price and his McKinsey minions.
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  12. Coldworld

    Coldworld Bad mall donut!!!

    I thought management “bled brown”??? Why all this negative tension from all of you partners??? I don’t understand???
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  13. 3120003.jpg
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  14. The Real Jack RyanMI6

    The Real Jack RyanMI6 Active Member

    Amazing, and I was accused of over stating s. Prices new roll and influence in our little world.
  15. Old Man Jingles

    Old Man Jingles Rat out of a cage

    No but I will!
  16. nedroc

    nedroc New Member

    Do not think they can offer another package before the last part of the folks in this VRP are gone. That would be June 2019. On the other hand, if there is one, it might be for Operation but for people who are up in age like over 56-57 as they do not need a disaster for Peak 2019. What makes no sense is they have so many openings in OPS they can not fill. Instead of VRPing people out, offer whoever you want to leave a job in operation. After all, most Corporate pukes are old operators. The other head scratch-er is they are filling back the people leaving. Makes no sense.
  17. Guitarpicker

    Guitarpicker New Member

    Interesting... why do you have that thought ? ( Cant offer again until june 2019 ?) I was planning to retire in May 2019 - so this has me wondering ?
  18. Guitarpicker

    Guitarpicker New Member

    Nedroc... I agree with your post on back filling the open positions - head scratcher for sure... the only thing I can figure is lower monthly pay - which translate to lower MIP payments - coupled with reduced future pension cost etc...
  19. UPSER1987

    UPSER1987 Active Member

    Lower salary, no pension, no mip in the future...that’s exactly why
  20. Noop

    Noop New Member