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Economy
Yellow Corp trucker goes ballistic at bosses after firm STOPPED making contributions to workers' pension fund - as $1.2billion debt leaves it on brink of bankruptcy
2023-07-22
[Daily Mail, where America gets its news]
  • Yellow Corp said it was suspending health benefits and pension accruals for staff

  • One worker was filmed going ballistic with his boss after discovering the state of affairs

  • Truck drivers union Teamsters said that employees will strike due to the plans
    A good way to quickly drive the company into the ground. Smart, guys.
Posted by:Unamble Ulaviter6962

#7  Run into the ground by the newest generation of Harvard liberal CEO's.
Posted by: Jeremiah Jomosing7109   2023-07-22 17:22  

#6  The bailout was approved last year as part of the American Rescue Plan, the $1.9 trillion emergency spending bill that was ostensibly meant to combat COVID-19 but included an impressive array of spending that had nothing to do with public health.

Indeed.
Posted by: DooDahMan   2023-07-22 11:40  

#5  You didn't get the message on union bailouts?
Posted by: Procopius2k   2023-07-22 11:33  

#4  The company failed the workers says the Teamsters official who is totally blameless.
Posted by: Super Hose   2023-07-22 10:57  

#3  CALPERS and the Illinois equivalent - why do we think the covid "emergency" kept getting extended?

BTW, California is due for another forest fire.
Posted by: DooDahMan   2023-07-22 10:56  

#2  Wait until this happens to CALPERS.

It won't be a long wait...
Posted by: M. Murcek   2023-07-22 09:35  

#1  Should've got a Student Loan
Posted by: Frank G   2023-07-22 09:20  

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