Socialism

6071 readers

99 users here now

Rules TBD.

founded 6 years ago

MODERATORS

dessalines@lemmy.ml

148

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

55 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] 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

permalink
fedilink
source
parent