New Video! Is the buyout even worth it?

Well-Known Member

Back From Break
Very strange

The only remote thing I can think of is the layoffs that are coming with the drop in Amazon volume.

Amazon volume was supposed to drop significantly after August 1st.

I read somewhere that it could be a PR issue. If UPS offered buyouts before they had huge layoffs, the public could be on their side. Hey, they offered buyouts instead of layoffs. What a nice company.

They could have also weighed it against paying unemployment.
 
The only remote thing I can think of is the layoffs that are coming with the drop in Amazon volume.

Amazon volume was supposed to drop significantly after August 1st.

I read somewhere that it could be a PR issue. If UPS offered buyouts before they had huge layoffs, the public could be on their side. Hey, they offered buyouts instead of layoffs. What a nice company.

They could have also weighed it against paying unemployment.
Regardless they could have done this a little bit better.
 

nWo

Well-Known Member
You can live off the $50K easily for the time it takes to approve your retirement. And the UPS/IBT retirement does pay retroactively to your retirement date up to 12 months. Teamcare also says that they will retroactively cover you for the time it takes to get the paperwork done.

So you get the $50K, the missing months of pension and retroactive healthcare. And not work.

Also guys close to retirement should ideally not be living paycheck to paycheck.
 

Wally

BrownCafe Innovator & King of Puns
Contract is legal binding, why violate it at this point for scraps. Very sketchy explanation on the portal. Not risking anything for my spouse regarding healthcare or going against the teamsters.
The buyout must be outside of anything legally binding if union lawyers are allowing?

Might be refreshing to hear some truth on the matter, but there's an election to win. Better to immediately hurl out platitudes and post "burning offer letter" pics on social media.
 

CHEMA-DELMA

Well-Known Member
Read the writing on the wall, closed how many locations? Small centers moved back to larger buildings. No more Amazon to speak of. They are trying to move 20K drivers or they will lay that many off. If you have he age and the time why are you hanging around take the cash.
 
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