Originally Posted by
HazCan
What are the odds this is a scare tactic to squeeze you guys more?
I hope that is what is going on, I'm pulling for you guys.
Best of luck.
By HARRY R. WEBER AP Business Writer
ATLANTA February 8, 2010 (AP) The Associated Press
Shipping giant UPS is again telling its pilots they need to agree to more cost savings or the company will have to furlough at least 300 of them.
UPS made the same ultimatum to its roughly 2,800 pilots last year, but agreed to delay furloughs for at least 10 months after pilots agreed to more than two-thirds of the cost cuts the company wanted.
The two sides previously identified savings totaling roughly $90 million over three years. UPS wanted $131 million.
The earlier promise not to furlough pilots ends April 1. UPS said Monday the first group of pilots will be furloughed in May if another cost-cutting deal isn't reached.
Generally, pilots who are furloughed can be recalled to duty under certain circumstances.