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Re:Trucking Giant Yellow Shuts Down Operations by DoesntMatter22 on Sunday July 30, 2023 @09:36PM (#36937923)
I always find it entertaining when a union won't bend and then the company goes bust and they all lose their jobs
Re:Trucking Giant Yellow Shuts Down Operations by toomuchtodo on Sunday July 30, 2023 @09:41PM (#36937944)
Yellow’s poor management is what drove the company under, not the union. It’s specifically discussed in the article. Loaded up with debt, took on a $700M loan with the Trump admin during COVID, still couldn’t manage appropriately.
Re:Trucking Giant Yellow Shuts Down Operations by inkeddeveloper on Sunday July 30, 2023 @09:43PM (#36937963)
How’s the union supposed to bend with the company missed a $530 million payment to the pension?
Re:Trucking Giant Yellow Shuts Down Operations by acdha on Sunday July 30, 2023 @09:48PM (#36937982)
Given their financial struggles for most of the current century and the way the Teamsters bailed them out during the financial crisis, I’m skeptical of any explanation which absolves management of any responsibility. It especially sounds like their quality issues matter more: you might be able to skimp on that in a bull market but when things get tight customers will have few qualms ditching a low-quality service.
Re:Trucking Giant Yellow Shuts Down Operations by c_apocalypticae on Sunday July 30, 2023 @09:54PM (#36938009)
I find it entertaining when people shoot from the hip with no understanding of the situation.

The teamsters bailed the company out during the 2010s.

This anti-union sentiment is just appalling.

Re:Trucking Giant Yellow Shuts Down Operations by DoesntMatter22 on Sunday July 30, 2023 @11:59PM (#36938674)
Bailed them out how?
Re:Trucking Giant Yellow Shuts Down Operations by Gorath on Monday July 31, 2023 @08:35AM (#36941678)
By taking a cut in wages
Re:Trucking Giant Yellow Shuts Down Operations by DoesntMatter22 on Monday July 31, 2023 @05:09PM (#36948853)
How is adjusting to a market wage the same thing as bailing them out?