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UPS Partners
Whats the buzz in management?
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<blockquote data-quote="outta hours" data-source="post: 98604" data-attributes="member: 4568"><p>I must clarifiy my previous post. The info given to me is not concrete. The mgrs. do not know for sure what's coming down, but the buzz they have heard is about the buyout plan I mentioned in my first post. It could be something totally different. Our mgrs. may find out important info on their status the same way we do sometimes. From our customers, or in the business section of the paper. That being said the word I heard is no medical is included in the buyout. Which would not be a problem for younger mgmnt. who could find new employment. The catch would be for the older one's who are less apt to find new jobs. The irony is the older ones are probably the target group for such a buyout, and the younger ones will take the money and go. My thought is if UPS wants to take over our pension from the Teamsters on the next contract, why on earth would they close their own mgmnt's plan? Do they need the money to prepare for taking over ours? Could get interesting.</p></blockquote><p></p>
[QUOTE="outta hours, post: 98604, member: 4568"] I must clarifiy my previous post. The info given to me is not concrete. The mgrs. do not know for sure what's coming down, but the buzz they have heard is about the buyout plan I mentioned in my first post. It could be something totally different. Our mgrs. may find out important info on their status the same way we do sometimes. From our customers, or in the business section of the paper. That being said the word I heard is no medical is included in the buyout. Which would not be a problem for younger mgmnt. who could find new employment. The catch would be for the older one's who are less apt to find new jobs. The irony is the older ones are probably the target group for such a buyout, and the younger ones will take the money and go. My thought is if UPS wants to take over our pension from the Teamsters on the next contract, why on earth would they close their own mgmnt's plan? Do they need the money to prepare for taking over ours? Could get interesting. [/QUOTE]
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