Ditto. Also, some big wigs came in to the preload and had a talk with the part time supes.........explaining to them that going union would be a bad move. Looks like UPS is worried about their own turning union due to Obama and the possible Card check. They were all told that since Obama is so tight with the unions that the Card Check may go thru. Also told them how it would be a bad move for UPS to have some of mgmt join the union ranks. a lot of ass kissing. Ayone hear of this???
haven't gotten the full details from my Brother inlaw. just saw him in passing. His exact quote was ................."they are trying to comvince us that we (management) would not bennefit from going union.......more butt kissing" They specificly mentioned Obama and his promises to the unions.
For those who think that the card check will not affect UPS....you may be right, unless managemnt goes unuion as well. That certainly will cause their expenses to go up!
So maybe I'm a little dense, but how does management at any company unionize?
Also, your source on all of this is your brother-in-law who you really only spoke with briefly, assumed that the people that he was talking with were "big wigs" and from the sounds of it took a lot out of context. Is this about right?
Also, any company should be more concerned about Obama's Labor Secretary Pick than him.
As for Obama himself, can you elaborate on any of these "promises"? Provide some links from reputable news outlets?
Are you also sure that what you are seeing isn't related to QPR talk withs or people getting ready for the merit increases? It could also be discussions on post-peak plans including lateral moves. It could be anything for that matter. Your source is second hand and a bad secondhand source at that.
I hope they don't cut the dividend.
I would be very surprised if this happens as it hasn't since the stock went public. It may not go up as much, but I would be shocked if it was cut.