Originally Posted by
757upspilot
I am going to disagree. UPS made just short of 1 billion dollars last quarter, they do not have to layoff.
They came to the union with a lose/lose proposition for the IPA take a pay cut or we will layoff, they didn't say they where going to layoff and then offer a pay cut instead, they started with the pay cut. The company told ANC crews at the beginning of the year no layoff, Barr and Lekhites, so they have had in mind the paycut. They also knew that it would require a vote and that it would probably fail.
The IPA came up with the layoff mitigation plan and ran a survey of a list of options, they got ATL to agree to let us try, local management wanted to dump people on the street and inflict as much pain as possible via layoffs, loss of seat, domicile changes and all the crap that may occur.
This is UPS at the finest, they set the dollar amount we have to hit, they determine if we have done it, etc.
Actually, this economy is really bad. They aren't faking it. Although they have a duty to their employees, they also have a fiduciary duty to the stock holders. They can say whatever they want to say, but the reality is that it is very dynamic. I would say if this passes that there is still a real chance of furlough next year. The fact that they extended the signup time and changed a couple of programs shows UPS is playing nice. I wouldn't be too quick to demonize them for all this.
cp