The Teamsters said Wednesday that high-stakes talks with UPS over a new contract for more than 340,000 workers have fallen apart after the company presented an offer that union negotiators deemed badly inadequate.
The Teamsters said Wednesday that high-stakes talks with UPS over a new contract for more than 340,000 workers have fallen apart after the company presented an offer that union negotiators deemed badly inadequate.
I’m intrigued by their endgame. Teamsters are well-known to follow through on their threat to strike. Unemployment is low, so it’s unlikely that many members will be scabs. There’s no way to contract out any significant portion of the missing labor. When the strike happens, UPS will be hemorrhaging money.
What am I missing? It seems labor has management by the balls, but they aren’t acting like it.