Ups is asking for a lower top rate on a new ground driver classification. And if they actually slashed the dividends and use that money to upgrade the company, they would be better off down the line. If too much of your income is dwpendepe on one stock, that is not a wise decision.
Slashing the dividend is stupid. Owning only UPS stock is stupid. Owning some UPS stock for the nice (un-slashed) dividend is smart. You should always have a well diversified portfolio. Cheers!