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UPS is facing a potential large-scale strike from the Teamsters Union if a better offer isn't delivered soon, threatening significant economic and business impacts.
The Teamsters Union has warned UPS that a driver's strike might be imminent if the company does not provide a better offer by Friday. After a subpar offer from UPS, the union has given the company a week's notice to improve its proposal. The potential strike, which could begin in August if no agreement is reached, might become the largest single employer strike in U.S. history, with around 340,000 drivers potentially walking off the job.
Such an action could significantly impact the U.S. economy and UPS's business, as UPS reportedly delivers about 6% of the country's GDP and 25 million packages daily. The union's demands include the elimination of two-tiered pay, increased pay for part-time workers, better job security, more full-time jobs, and harassment protection.
Source: The Washington Times
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