Thread: Ups
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Old 07-04-2010 | 02:35 PM
  #118  
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SeeDub
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From: Finally Facing Forward
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Originally Posted by Soyathink
Did you know every division, every center and every department is run separately and has a profit and loss for each? If the Airline division isn't making a certian margin then they have to cut costs. The Airline did not make 2 billion in profit. Just hired pilots, age 65 passed and the worst economic times caused a "Perfect Storm". The air division was over staffed. UPS cut back everywhere in the entire company except the pilot group until now. Customers have moved from air to ground in this economy. Think of Bear Stearns and how many air letters they shipped. They don't exist anymore. I guess that was UPS' fault huh
In round numbers, do you know what the profit or loss was for the airline side of the house?
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