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Very interesting! Did the current employee-owners get the big windfall they anticipated in that pre-IPO article? > Mr. Kelly said that U.P.S. needed to issue
by jrochkind1 4y ago
Very interesting!
Did the current employee-owners get the big windfall they anticipated in that pre-IPO article?
> Mr. Kelly said that U.P.S. needed to issue stock to the public to maintain its competitiveness against rivals like the FDX Corporation, which owns Fedex; DHL and several increasingly aggressive foreign postal services that are also planning to issue stock soon.
Well... that's one story.
I wonder how working conditions and salaries changed after they went from employee-ownership to public ownership... I have a guess of course.