Originally Posted by
CCCXCI
I just finished my 4th peak at UPS and the fourth in a row that all I heard was “loads are way down, furloughs are coming”. Also the 4th in a row that UPS has posted record profits. (Although to be fair no word on this past peak yet.) To a man almost everyone that posts on BG says the company is bankrupt, furloughs coming, the new guys are gonna be the end of the union, blah blah blah yet profits keep going up as well as union participation and every other metric. I was still on probation when COVID hit so I still payed a lot of attention to class size etc. There was a 2-3 month period where hiring slowed significantly. That little move probably cost UPS hundreds of millions of dollars in terms of lost revenue. Of course old habits die hard here.
My .02c… hiring will slow…a little…for a while, then we will be back in it. If I was a poolie or applicant I wouldn’t even consider this in my decision. Optimizer schedules on the other hand….
I think you are being way too optimistic. It is going to be status quo, slow until they finish disposing of the MD. Now if they order a replacement for the MD as rumored (March or April), that’s a different story. But expect upgrades to increase back to historical norms and hiring to slow significantly, if any for a while. And no, profits has zero impact on how the airline is operated. If there is one good thing about UPS, it is they are quick to adjust, this company is always planning for the next recession/slowdown.