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Brown Cafe UPS Forum
UPS Partners
Management (ERO) Early Retirement Offer
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<blockquote data-quote="pretzel_man" data-source="post: 463293" data-attributes="member: 927"><p>In the meeting with the region managers and corporate district managers here is what was said:</p><p> </p><p>There is an excess of management people right now. The number is about 1500. The plan is to handle the excess through attrition. No buyout is coming unless things change.</p><p> </p><p>On average, a little over 3000 management people turn over each year, so attrition should cover the excess within in a year.</p><p> </p><p>To my surprise, no salary reductions or raise eliminations were announced.</p><p> </p><p>Regardless of this, I'm sure someone will know somebody who has a friend who heard that a buyout is coming. We will then see the rumors come back again.</p><p> </p><p>BTW, Davis said he is going on the road to give the message to each region. Good move.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 463293, member: 927"] In the meeting with the region managers and corporate district managers here is what was said: There is an excess of management people right now. The number is about 1500. The plan is to handle the excess through attrition. No buyout is coming unless things change. On average, a little over 3000 management people turn over each year, so attrition should cover the excess within in a year. To my surprise, no salary reductions or raise eliminations were announced. Regardless of this, I'm sure someone will know somebody who has a friend who heard that a buyout is coming. We will then see the rumors come back again. BTW, Davis said he is going on the road to give the message to each region. Good move. P-Man [/QUOTE]
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