Originally Posted by
300ER Hauler
Either the union is going to aid the company in this business decision or the company is going to take it upon itself to protect as it sees fit. The managers took a pay freeze and no 401k for the year ... possibly no manager bonuses either for 09. Is the union going to fall in line???? Unions in the past have run businesses in the ground. Let's not join the list!!!!
You can't be serious. I find it hard to believe that an IPA member could make such a ludicrous statement on a public message board. Are you sure you don't have a little "M" on your ID card?
Tell you what...I'm willing to give up my 401K match, and all my bonuses for this year too. Also, I'm willing to take a pay freeze until January 2010. I almost forgot...they can keep the turkey too. Oh, that's right....we don't have a 401K match, or bonuses, and my pay won't increase until next January anyways. Thanks for reminding me.
When will the union fall in line? The IPA running UPS into the ground? Did you even read what you wrote?
For CY2008, why don't you take a look at the balance sheet and consolidated income statement for UPS? I guess we really drove them into the ground to the tune of almost $4 Billion net profit. Things are rough all over.