this post was submitted on 09 Aug 2023
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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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[–] PowerCrazy@lemmy.ml 11 points 2 years ago (1 children)

Here's a sensible resolution, profits should be zero and all workers get equity based on surplus value.