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UPS Discussions
Don’t know how legitimate the info is…
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<blockquote data-quote="9.5mania" data-source="post: 5626990" data-attributes="member: 106565"><p>While your nightmare scenario could happen, I have serious doubts. First, the money and players involved with a UPS strike aren’t prepared to take that risk. UPS is considered a safe investment so lots of big hedge funds have stored a ton of money in it. They are not in the business of losing money so I would imagine they would frown on a UPS strike. Secondly, although an economic strike allows for replacement workers, the courts would side with the teamsters as they present evidence of unfair labor practices by UPS. Also, general council has been trying to remove that language in an economic strike for a while now. With jobs on the line, they’ll do it and make it retroactive. </p><p></p><p>My advice, relax. A deal will get done and although SOB says we strike if not ratified by Aug 1, I judge if they make a last minute deal, he won’t authorize strike unless members reject the contract.</p></blockquote><p></p>
[QUOTE="9.5mania, post: 5626990, member: 106565"] While your nightmare scenario could happen, I have serious doubts. First, the money and players involved with a UPS strike aren’t prepared to take that risk. UPS is considered a safe investment so lots of big hedge funds have stored a ton of money in it. They are not in the business of losing money so I would imagine they would frown on a UPS strike. Secondly, although an economic strike allows for replacement workers, the courts would side with the teamsters as they present evidence of unfair labor practices by UPS. Also, general council has been trying to remove that language in an economic strike for a while now. With jobs on the line, they’ll do it and make it retroactive. My advice, relax. A deal will get done and although SOB says we strike if not ratified by Aug 1, I judge if they make a last minute deal, he won’t authorize strike unless members reject the contract. [/QUOTE]
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