quote:
Don't let the numbers fool you. When UPS talks about "the creation of 7,500.00 full time job", they are just combining 15,000 part time jobs to create those jobs. Revenue is directly related to package volume and the effect of the last CBA hasn't fully kicked in yet. UPS just increased rates 5 weeks ago. That can only hurt volume. And BTW - 80-90% of the jobs being cut will be union jobs. Been there, done that as a Teamster and as a UPS manager.

According to UPS, not the Teamsters, they have 22,500 current FTPs that are unfilled. Like most industries in the US they are experiencing a hard time recruiting and retaining employees. They have, for years, supplemented that with contractor employees which do not make as much money BUT cost UPS more...because contract employees meaan contractor costs plus O&P. They are merely making those positions more attractive to employees and not as attractive to contractors supplying labor. UPS is in a far better position to manage UPS than anyone who is not in any position to manage UPS...and UPS seems perfectly content with the situation.

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Posted by AwgustaDawg

CSRA

Member since Jan 2023

7546 posts

Posted on 1/31/24 at 6:24 am to meansonny

quote:
You don't know what you are posting.
How do I know?
UPS is saving $1B dollars with this transition.

Your post does not equate to $1B cost savings.

I do not manage UPS. I suspect you do not manage UPS but I will allow the possibility. UPS says they will save a billion $ by eliminating management positions and contractor positions. Their words, not mine. They will also ADD 7500 positions and fill 22,500 open positions....again, I do not manage UPS and I suspect you do not manage UPS. I do know for a certainty and without any reservation that very few employers in the private sector have many employees who do not add more to the employees bottom line than they cost. If a company DOES have a bunch of these types of employees the company is being mismanaged. It is HIGHLY doubtful that UPS would be planning to add 30,000 positions and eliminating 12,000 management and contractor positions, to appease their current employees...there is NO logic at all in that. Where they will save a $ billion is by being vastly more efficient, not paying as much overtime, being able to RETAIN employees instead of recruiting new ones...again, no one is holding a gun to UPS management's head...in the current state of affairs in the United States, it is the height of idiocy to think that a labor union is forcing management to do ANYTHING that management is not in favor of. If, as you say, my post does not equate to $1B and youre basing that on the fact that this what UPS is saying, not the Teamsters, then you must be of the opinion that UPS management knows more about managing UPS than anyone not in UPS management...which is exactly the point. They seem satisfied with the outcome of contract negotiations...they fricking agreed to them in an environment where nothing other than their own best interest dictate they do so. I will bow to the opinion of the people charged with managing UPS...if it is good for UPS its good enough for me since I have no interest in UPS at all.

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Posted by frequent flyer

USA

Member since Jul 2021

3068 posts

Posted on 1/31/24 at 6:54 am to CatfishJohn

quote:
Fiduciary responsibility to shareholders.

This governs all public companies (or at least it should). IMO the board of major corporations like GM, Caterpillar, or Microsoft can rarely see beyond the next quarter because of it.

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