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UPS CFO announces layoffs in 09
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<blockquote data-quote="sortaisle" data-source="post: 425434" data-attributes="member: 17605"><p>I'm not worried about the scare mongering bud, but don't think UPS is going to touch their stacks of cash. Most of their property that they own isn't worth what it was 2 years ago. That lowers their bottom line, so they will conserve cash. We answer to the share holders these days, so nothing UPS does has anything to do with what's right for the employees and customers, but is more in line with "how can we make our shareholders love us again?"</p><p></p><p></p><p></p><p>I'm sure you meant unite. But if you did mean untie, that's friggen hilarious!</p></blockquote><p></p>
[QUOTE="sortaisle, post: 425434, member: 17605"] I'm not worried about the scare mongering bud, but don't think UPS is going to touch their stacks of cash. Most of their property that they own isn't worth what it was 2 years ago. That lowers their bottom line, so they will conserve cash. We answer to the share holders these days, so nothing UPS does has anything to do with what's right for the employees and customers, but is more in line with "how can we make our shareholders love us again?" I'm sure you meant unite. But if you did mean untie, that's friggen hilarious! [/QUOTE]
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UPS CFO announces layoffs in 09
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