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UPS says its profit will fall after it reaches a Teamsters deal (edition.cnn.com)

submitted 2 years ago by fuckReddit@infosec.pub to c/socialism@lemmy.ml

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UPS’s tentative labor deal with the Teamsters hasn’t even taken effect yet. But it has already taken a bite out of its earnings and revenue, as both fell in the second quarter ahead of the deal being reached.

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[–] TonyOstrich@lemmy.world 7 points 2 years ago

Makes sense, and you are right about where my brain went to. I was thinking this just sounds like capitalist bull shit, lol.

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