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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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[+] HughJanus@lemmy.ml -11 points 2 years ago (2 children)

The CEO could not do what a package handler or driver does.

Of-fucking-course they could. Any able-bodied person can. That's what unskilled labor means.

Do you believe that unskilled laborers do not deserve to be paid a living wage?

Do you believe that unskilled laborers deserve to be paid $19M/year?

Do you happen to know what the living wage in your nearest major city is?

Of course not, because "living wage" isn't a real number, it's just a concept. Whatever it is, you could double or even triple it with what these workers are being paid.

They are not able to live in low income towns and rural areas because that's not where the hubs are.

...so you think small towns don't get packages? This is the argument you want to go with?

[–] uberkalden@lemmy.world 2 points 2 years ago

I think the idea is more that the CEO is not really worth 19m a year. A pay gap makes sense, but it has ballooned to ridiculous levels

[–] faceula@lemmy.world 1 points 2 years ago

And yet the separation between rich and poor has grown exponentially over the past few decades. I don't understand how this position is defensible. Fairness is needed not the continued exploitation of those not lucky enough to fall into wealth. And that's all it is with millionaires, gambling, exploiting and a little luck. Every single one of them.