UPS has proven that no amount of profit will keep you employed if they don't need your position. While I agree that employers do not run a charity the meager amount of money saved in the furlough compared to the MOU was short sighted. UPS smelled fear and went for permanent contract concessions. The furlough happened instead.

If i was looking to start somewhere my take would be FedEx would have a more secure/pleasant future for the newhire. From my side of the fence FedEx seems better now for pilots and past practice has shown it will most likely stay that way.