UPS is cutting 12,000 jobs just months after reaching union deal

Posted by $ Radio_Randy 9 months, 2 weeks ago to Economics
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"Cause and Effect".

The chickens have finally come home to roost. I certainly hope that (union coerced) pay raise was worth losing 12,000 jobs over.
SOURCE URL: https://www.npr.org/2024/01/30/1227861660/ups-layoffs-cuts-12000-jobs


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  • Posted by freedomforall 9 months, 2 weeks ago
    Note that they are firing management (at greater than $83,000 annual salary per employee),
    not union employees (who under the new union contract will be paid double the annual rate
    of the management employees being fired.) UPS CEO is a female with so-called expertise
    in finance (at Home Depot), not in operations. Anyone surprised they let the unions wreck
    profitability?
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