Process
Status Items Output None Questions None Claims None Highlights Done See section below
Highlights
id569487748
Our hard work during the pandemic earned UPS historic profits. In 2022, the company [saw an operating profit of 6.5 billion in 2019. Teamsters were the ones moving the packages, yet we were never rewarded for the company’s success. Instead, UPS is expected to give its shareholders over 8 billion in dividends and stock buybacks](https://www.yahoo.com/lifestyle/united-parcels-ups-dividends-buyback-153703847.html#:~:text=Notably%2C%20UPS%20paid%20dividends%20worth,repurchase%20shares%20worth%20%243%20billion) in 2023 alone, and CEO Carol Tomé [took home an average of 23.3 million per year in 2021 and 2022. Meanwhile, we just saw our working conditions worsen.
✏️ The continuing dichotomy of the poor providing back-breaking and thankless work in service of record profits for the elite. 🔗 View Highlight
id569488195
UPS management has always relied on exploitative and authoritarian measures like harassment, surveillance, understaffing, and excessive overtime to squeeze as much profit out of its employees as possible. The pandemic-era boom in e-commerce only exacerbated these dynamics.