Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract
Unionized UPS workers voted to authorize a strike on Friday, setting the stage for a potential work stoppage if the package delivery company and the Teamsters can’t come to an agreement on a new contract
Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract
Show all 2Unionized UPS workers voted overwhelmingly on Friday to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can’t come to an agreement before their contract expires next month.
The Teamsters have urged workers to authorize a strike to give them more leverage in negotiations with the company, but a yes vote does not mean a strike is imminent.
The Teamsters represent about 340,000 UPS employees, more than half of the company’s workforce. A quarter of a century ago, 185,000 UPS employees walked off the job for 15 days after a contract dispute and it crippled the company.
UPS has grown vastly since then and become even more engrained in the U.S. economy. UPS says they deliver the equivalent of about 6% of nation’s gross domestic product.
If a strike occurs, its expected to be one of the biggest - if not the biggest - company walkout in U.S. history, carrying with it far-reaching implications for the economy.
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