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Brown Cafe UPS Forum
UPS Union Issues
Just curious... how irreplaceable do you think we are here, in case of a strike??
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<blockquote data-quote="PobreCarlos" data-source="post: 1021570" data-attributes="member: 16651"><p>brown_trousers;</p><p></p><p>That's the $64,000 question. I'm not sure there's much willingness to go that route, but I believe the company is far better prepared for such an eventuality now than it was 15 years ago. The only real difference I see is the debt now vs. the cash position then....but that debt was brought on by the Central States fiasco, which many believe the company could perhaps have been avoided with a little more fortitude in '97. As I recall, UPS's withdrawal liability would have been a billion or so back then, which is substantially less than the reported $6 billion they eventually paid. Things like that have to weigh on a company's decision. And I've little doubt that UPS could find the financial wherewithal to absorb a job action.</p><p></p><p>That said, is the willingness there? Probably not....but who knows? This is a more than a hundred year old company, with a history of long-term thinking. And even though it's "public" today, ownership control is essentially still "private", meaning that short-term public pressure might not be that big a consideration.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 1021570, member: 16651"] brown_trousers; That's the $64,000 question. I'm not sure there's much willingness to go that route, but I believe the company is far better prepared for such an eventuality now than it was 15 years ago. The only real difference I see is the debt now vs. the cash position then....but that debt was brought on by the Central States fiasco, which many believe the company could perhaps have been avoided with a little more fortitude in '97. As I recall, UPS's withdrawal liability would have been a billion or so back then, which is substantially less than the reported $6 billion they eventually paid. Things like that have to weigh on a company's decision. And I've little doubt that UPS could find the financial wherewithal to absorb a job action. That said, is the willingness there? Probably not....but who knows? This is a more than a hundred year old company, with a history of long-term thinking. And even though it's "public" today, ownership control is essentially still "private", meaning that short-term public pressure might not be that big a consideration. [/QUOTE]
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Just curious... how irreplaceable do you think we are here, in case of a strike??
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