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UPS Partners
Management EBO-Rumor
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<blockquote data-quote="RoyalFlush" data-source="post: 666074" data-attributes="member: 27311"><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">The displaced managers in the districts that have already consolidated were moved to lower level jobs and told they would be demoted to the lower level if they didn't find a spot for them at their prior level within a year. </span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">If the rumored consolidations take place there will be a large number of "extra" managers at all levels. There has to be a buy out, early retirement offer or layoff, otherwise consolidation would be of no appreciable financial benefit to the company.</span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">Overall trend for last several years has been to reduce overall management compensation cost. </span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">My vote is we see consolidations and a combination of management reductions through buy out, early retirement and termination/layoff. </span></span></p></blockquote><p></p>
[QUOTE="RoyalFlush, post: 666074, member: 27311"] [COLOR=#2e2e2e][FONT=Verdana]The displaced managers in the districts that have already consolidated were moved to lower level jobs and told they would be demoted to the lower level if they didn't find a spot for them at their prior level within a year. [/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana] [/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]If the rumored consolidations take place there will be a large number of "extra" managers at all levels. There has to be a buy out, early retirement offer or layoff, otherwise consolidation would be of no appreciable financial benefit to the company.[/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana] [/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]Overall trend for last several years has been to reduce overall management compensation cost. [/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana] [/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]My vote is we see consolidations and a combination of management reductions through buy out, early retirement and termination/layoff. [/FONT][/COLOR] [/QUOTE]
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