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Brown Cafe UPS Forum
UPS Union Issues
Raise in new contract
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<blockquote data-quote="MostHelpNeeded" data-source="post: 5621089" data-attributes="member: 66806"><p>I get where you're coming from, but it's a little one sided.</p><p></p><p>UPS takes in around 100 billion a year. Of that, last year they profited 13 Billion, this is true. </p><p></p><p>To keep this really simple, and to use your example, Suppose UPS simply spent 1.5 Billion less on stock buyback last year. Boom, raise covered and 13 billion profit retained.</p><p></p><p>It's about allocation.</p></blockquote><p></p>
[QUOTE="MostHelpNeeded, post: 5621089, member: 66806"] I get where you're coming from, but it's a little one sided. UPS takes in around 100 billion a year. Of that, last year they profited 13 Billion, this is true. To keep this really simple, and to use your example, Suppose UPS simply spent 1.5 Billion less on stock buyback last year. Boom, raise covered and 13 billion profit retained. It's about allocation. [/QUOTE]
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