Carol is laying off as many non op positions as quickly as she can before 2023 because this is when those grandfathered into the pension will be changed dramatically. She has targeted long time employees some close to 30 years just a few years shy of retirement to reduce how much UPS will have to payout in pension, not give those employees health care in retirement because they will not actually hit the retirement age. She does care if you have been a dedicated employee that bleeds brown. She laid off so many folks in HR earlier this year she had to hire temps to fill the gaps for the work she moved to India the Philippines South America and the list continues to grow. She is destroying UPS.
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Volume is down 20% and her better not bigger is going to bite her in the a-s. All those new accounts she turned down could have helped make up for the loss.
She needs to leave ASAP.
She's done so much damage.
Also, outsourcing American jobs is disgusting. UPS makes enough money to keep things in the USA, we do not need India, etc. to run the company.
I was affected too, I was about two year from retiring and lined up for health insurance from UPS and pension. The changes took away healthcare which I'll never get. I'll also have to wait until I turn 65 for the pension.
She has no leadership skills, the skills she's demonstrating have to do with robbery and screwing the worker. What else would you expect from a bean counter. UPS should have never appointed a finance person to run the company, all what they do is cut cost, they do not know how to grow the company and make more $$$.
Just watch it, she'll turn out to be disaster, whoever inherits the CEO throne will be faced with problems that she created.
Meanwhile, she'll line her pockets with tens of millions of dollars and sail into the sunset...
It sucks to be a UPSer. She's destroying the company as we see it. Union members are now on the chopping block with their pensions. This next negotiations, she will sc--w them too.
Your exactly right Carol is slowly destroying UPS. I'm not sure if she knows or realizes the absolute terrible job the 3rd party companies are doing. I can tell you to hear the town hall meetings where these ups executives are praising the 3rd party companies and dragging the ups team through the p-o was an extreme disappointment. We the people here that know what is happening and how to fix and remedy things spend hours daily trying to feed the info through countless meetings and databases to the 3rd party co. so that they can try and do what we all already know how to do and already have the 1st hand info to do so that yet again they can attempt to get something right this week. ????? None of it makes sense to be doing. In my time here we do our job and prepare to fix the multiple BIG, HUGE sc--w ups the 3rd party continues too do. Not once, twice or three times but it's a weekly as----t on UPS. The powers at be, for UPS need to have their eyes wide open not wide shut
Hit with the same restructuring nonsense only to get screwed by Carol Tome’s cost cutting. Don’t give me that bunk about our employees are our best assets, 44 years and was pushed out the door with out even a good by and a don’t let the door hit you on your way
I was specialist level and did not get a 'big fat payout'. Everything that I would have earned toward my pension from 55 to 65 is gone, along with the promise of health insurance. My pension at 65 is now dramatically reduced as well. The payout was worth about half of my yearly compensation. Pretty much screwed people.
Sorry, but no one at the admin level got paid $270k to leave. The initial VSAP offer made in 2020 was 9 months pay, taxed heavily of course. The TSAP was even less pay. If there’s admin making close to $300k a year at UPS then I was clearly in the wrong role there.
D-mb. What these people aren’t telling you is that got a big ol fat TSAP pmt that is equal to the amount you would get in retirement from age 55 to 65. Discounted of course for the time value of money but they did get $$$. TSAP stands for transitional separation allotment plan. Or in other words big bucks. I know several upsers atvthe admin level that got $270,000 paid out to them.
This Tome worked at Home Depot,
under a former CEO there by the name of Nardelli who was brought in from General Electric to make changes . He almost ruined the Company with lay offs and making more Employees go part time to save on payroll cost. She is following His play book to an exact Detail. We know what happened to GE , a absolute disaster. Nardelli was ultimately fired from Home Depot for the damage He caused there. They should consider replacing Tome before it's too late...!
Probably one reason for the vaccine mandate. Get some people to leave voluntarily.
Yeah, UPS sucks now as an employer. You'll still have folks that try to pump sunshine but deep down inside they are scared to death. Every one of my former coworkers I speak with sounds like a zombie - they just go through the daily motions of trying to look good on paper. They don't realize that UPS brought in McKinsey & Company to consult on the layoffs... it doesn't matter how good your results look on paper, it matters how much you are slated to cost the company in the short and long terms. You're literally a serial number and a "cost," and they put the pieces together like a puzzle. No one is safe.
This is true. I was less than 3 years from retiring with a pension and health insurance from UPS. Now, no healthcare ever and no pension until 65. So much for integrity in leadership.