Originally Posted by
peredavi
Call me naive or whatever.....but I think they're going to furlough because business is down about 20% give or take depending on the market. Exports from Taiwan are down about 50%, Japan about 30%, China about 30%. The've idled a bunch of DC 8's and a dozen or so 757's.
The capital markets and lending are in shambles. This isn't NPR and CNN hype. This is the worst thing to happen since 1929.
UPS has survived for over 100 years because they react to the current and anticipated business cycle and environment. Its not a socialist jobs program. We know how those "strategies" worked out (Cuba,USSR,Peoples Rep.China...)
In about 3 years, the current over 60 guys will be gone, UPS will be growing and stronger. The weak will have died and/or been eaten.
Pere
Well I just watched the Daily Show's 2 part series on Socialism and it looks pretty good to me! They even have full release massages at their work! And they don't pay for it like we have to in PVG
In 2013 the impact of the age 65 law will start to dwindle, but the IPA will be in negotiations with UPS for Contract 2012. Plus UPS fleet will be significantly smaller than it was when we were hired in 2006-2007 even with the 767's when they actually come.
Let's just hope the block hours increase in a couple of years and UPS doen't hire a couple hundred flight qualified managers while we are furloughed!
I also hope we can jump through a worm hole when we get recalled in 2014 so we can come back to UPS as a 30 year old so we can upgrade by the time we are 45.
Bring all anti socialism, communism, and Obama rhetoric back to the where it belongs on the Bar and Grill= (FAUX) Fox News Blog.
