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November 13, 2025

Today in 1966
“Chainsaw Al” Dunlap announces he is restructuring the Sunbeam Corp. and lays off 6,000 workers—half the workforce. Sunbeam later nearly collapsed after a series of scandals under Dunlap’s leadership that cost investors billions of dollars.

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Latest round of UPS negotiations wraps up
Posted On: Dec 07, 2012


Nov. 16, 2012 | The latest round of UPS negotiations wrapped up this week with the National Negotiating Committee pressing for more full-time jobs and addressing 9.5 concerns. The bargaining sessions opened in St. Petersburg, Fl., with lengthy company presentations on SurePost and a market outlook for the package industry. The company also claimed that rising health care costs were a big concern.However, the National Negotiating Committee countered by presenting proposals to address 9.5 concerns, dispatch times, backfilling jobs and limiting the use of technology for disciplinary purposes. Negotiations continued in Washington, D.C. this week. Read more here.


 
 
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