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re: UPS to cut 12,000 jobs 5 months after reaching union deal

Posted on 1/30/24 at 11:46 am to
Posted by mindbreaker
Baton Rouge
Member since Dec 2011
7658 posts
Posted on 1/30/24 at 11:46 am to
quote:


Gotta pay for those raises somehow. It always works like this when unions force raises. People lose jobs to cut costs and make up the difference.



Because reducing profits isn't an option. Money over EVERYTHING right
Posted by Odysseus32
Member since Dec 2009
7451 posts
Posted on 1/30/24 at 11:53 am to
(no message)
This post was edited on 3/13/24 at 11:35 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263354 posts
Posted on 1/30/24 at 11:55 am to
quote:

Because reducing profits isn't an option.


They're not here to serve you.
Posted by Dawgfanman
Member since Jun 2015
22871 posts
Posted on 1/30/24 at 11:57 am to
quote:

Because reducing profits isn't an option. Money over EVERYTHING right


Shareholders want to make money. Lots of people depend on the money they made from such investments to eat.
Posted by GusMcRae
Deep in the heart...
Member since Oct 2008
3267 posts
Posted on 1/30/24 at 1:34 pm to
quote:

Because reducing profits isn't an option. Money over EVERYTHING right


Companies EXIST to make money for the shareholders (owners). Nobody starts a business because they want to employ people for the betterment of society. That’s not how this works.

When did they stop teaching free enterprise and basic economics? The profit motive and free market capitalism is the best way to help the most people. It’s not debatable.
Posted by SpotCheckBilly
Member since May 2020
6647 posts
Posted on 1/30/24 at 2:48 pm to
quote:

Because reducing profits isn't an option. Money over EVERYTHING right


Posted by CatfishJohn
Member since Jun 2020
14167 posts
Posted on 1/30/24 at 3:08 pm to
quote:

Money over EVERYTHING right



Fiduciary responsibility to shareholders.

This post was edited on 1/30/24 at 3:11 pm
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7390 posts
Posted on 1/30/24 at 7:51 pm to
quote:

Money over EVERYTHING right


Someone has never taken a business class...
Posted by Jake88
Member since Apr 2005
68758 posts
Posted on 1/30/24 at 8:31 pm to
quote:


Because reducing profits isn't an option. Money over EVERYTHING right

I know people who think like this and make similar statements. They're 13 and 14 years old right now.
This post was edited on 1/30/24 at 8:32 pm
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