Valuetainment - May 03, 2025


＂You're In For A HELL Of A Fight＂ – UPS & Teamsters COLLIDE Over 20,000 Layoff FALLOUT


Episode Stats

Length

7 minutes

Words per Minute

182.55191

Word Count

1,342

Sentence Count

108

Misogynist Sentences

4

Hate Speech Sentences

2


Summary

UPS is cutting 20,000 jobs due to fewer Amazon shipments. Vinny and Tom discuss why this is bad news for the trucking industry and the Teamsters Union President Sean O'Brien's call for a $100 minimum wage increase.


Transcript

00:00:00.000 UPS cutting 20,000 jobs due to fewer Amazon shipments.
00:00:04.560 Okay, here's another story.
00:00:05.720 By the way, these stories are real.
00:00:07.460 I'm not telling you they're not real.
00:00:09.180 But the CEO's job is to tell the story in a complete different way.
00:00:13.420 UPS announced it will cut another 20,000 jobs, roughly 4% of its workforce,
00:00:19.220 and close 73 facilities to reduce costs.
00:00:22.120 This decision stems from a significant reduction in shipment volumes
00:00:25.400 from its largest customer, Amazon,
00:00:27.380 which accounted for 11.8% of UPS overall revenue in 2024
00:00:30.840 and broader economic uncertainty due to Trump's administration tariffs, right?
00:00:35.760 CEO Carol Tome stated,
00:00:37.680 the actions we are taking to reconfigure our network
00:00:40.320 and reduce costs across the business could not be timelier.
00:00:44.620 The job cuts follow UPS's January statement with Amazon
00:00:47.440 to reduce Amazon's shipping volume by 50% by the second half of 2026,
00:00:51.700 alongside a slowdown in global trade impacting parcel delivery firms.
00:00:54.920 Additionally, UPS faces reduced volume from China-linked e-commerce platforms.
00:01:00.260 Temu, Shane, after U.S. tariffs were imposed on previously duty-free goods
00:01:05.200 under an $800 threshold.
00:01:07.340 Tom, thoughts on this?
00:01:08.560 I got a couple thoughts on this.
00:01:09.800 Yeah, go for it.
00:01:10.540 So first of all, UPS made a bad deal with Amazon.
00:01:14.360 They wanted all that Amazon volume, and they made a bad deal.
00:01:17.960 It's an unprofitable deal.
00:01:19.680 Wall Street Journal.
00:01:20.860 UPS will fire 20,000 workers.
00:01:22.900 And the Wall Street Journal tells the truth.
00:01:24.880 It isn't why you think, right there in the headline.
00:01:27.400 See that, Vinny?
00:01:28.080 It isn't why you think.
00:01:29.340 And they go on to say, it's not the tariffs.
00:01:31.960 It was the fact they made a crappy deal with Amazon.
00:01:35.920 And guess what?
00:01:37.040 Now they have to back off with it.
00:01:38.560 And then they made a crappier deal with the Teamsters for $100,000 truck drivers.
00:01:44.160 Now, I'm not saying the UPS drivers are out there taking risks, wind, sleet, snow, all that,
00:01:49.160 and delivering.
00:01:49.780 They don't deserve a livelihood.
00:01:51.240 That's not what I'm saying.
00:01:52.300 I'm not saying they don't deserve a living wage.
00:01:54.600 That's not what I'm saying.
00:01:55.720 I'm saying that UPS got backed into it where the Teamsters determine who keeps the job and who doesn't.
00:02:02.460 And Sean O'Brien, Teamsters president, came to the microphone and said, may I remind everyone
00:02:08.900 that UPS is obligated to create 30,000 jobs under the current contract.
00:02:14.060 I do not object if you want to downsize management, but you're in for a hell of a fight if you
00:02:19.160 move on any Teamsters jobs.
00:02:21.420 So now you're handcuffed.
00:02:23.220 You can't run your company the way you should.
00:02:25.820 So UPS made a bad deal with Amazon.
00:02:27.700 They made a bad deal with the Teamsters.
00:02:30.740 And now they've got these issues, and now they've got to cut these things.
00:02:34.240 So the non-union people working in a warehouse or non-union warehouse worker, the warehouse
00:02:38.780 is getting closed.
00:02:40.300 Guess what?
00:02:41.940 Thank you.
00:02:42.760 I'm so glad, Tom.
00:02:44.320 Do you see that point?
00:02:45.080 That poor person in a warehouse.
00:02:46.660 No, but I love the fact that you go deeper in the content to find out exactly what's going
00:02:51.320 on, and good for Wall Street Journal to reveal that even though the story says UPS is cutting
00:02:55.560 20,000 jobs, oh, it's automatically because of Trump's tariffs.
00:02:58.160 It's not what you think.
00:02:59.020 Good for you.
00:02:59.580 Tom, I only have one question for you.
00:03:02.020 What can Brown do for you, Tom?
00:03:04.760 Well, Big Brown won the Kentucky Derby many, many years ago with that horse.
00:03:08.620 You know how much the stud fee was after he won?
00:03:11.040 How much?
00:03:11.540 $250.
00:03:12.460 $250 just to have a bow.
00:03:14.780 Every time he hooks up, it's $250.
00:03:17.000 Wow.
00:03:17.500 That's what Brown can do for you.
00:03:18.860 Bam.
00:03:19.660 Thank you.
00:03:20.440 Brown can do a lot for you.
00:03:21.540 So this lemon campaign that we launched on Thursday with the box, okay, that was launched
00:03:25.940 that all of you guys, you know, many of you saw, those of you that didn't, this box that's
00:03:30.720 being shipped to people who are going through a lot of different things today to make their
00:03:34.540 day.
00:03:34.760 When life gives you lemons, make lemonade with a lemon hat in it and a presentation with
00:03:39.420 a video of me speaking to them, giving them a message here.
00:03:42.680 I'm going to press pause here.
00:03:43.800 There was, there was so many accountants.
00:03:47.580 One accountant sent it to 11 clients, lawyers, realtors, insurance folks using it.
00:03:53.040 But then we had a chance to read the note of what some people were writing to their clients.
00:03:58.040 I'm not going to give the names.
00:03:59.380 I just want to read the notes to you.
00:04:00.580 It was so, our staff is, when I'm reading this, our marketing team, they're in tears
00:04:05.020 literally when I'm reading this to them.
00:04:07.640 I'm not going to say the name, okay?
00:04:09.380 They, they put the name there, then says, sending you some love to help lift your heart
00:04:14.360 up today and wanted to say, again, how sorry I am with Susan's passing.
00:04:19.000 I hope this cheers you up, your spirits, just for a moment.
00:04:22.740 I love you, sister, and always remember to move forward.
00:04:25.880 Flowers don't happen without rain.
00:04:27.660 Love you always.
00:04:28.840 The name is in there.
00:04:30.220 Are you kidding me?
00:04:31.540 Okay?
00:04:31.980 Then it goes here, me and you forever together.
00:04:34.840 Put your goals always in front of you.
00:04:36.720 Surround yourself with one quality, with people you become, who you're with.
00:04:40.900 Thank you for your friendship.
00:04:42.020 Here's another one.
00:04:42.640 Love you, brother.
00:04:43.660 Hope you like this.
00:04:44.600 Greatest podcast ever.
00:04:45.940 You not only being a father, a husband, and a brother, you are also a policeman.
00:04:51.040 You have so much you deal with on a day-to-day basis, but you still show up for your family.
00:04:55.760 I not only love you, I respect you.
00:04:58.180 I'm telling you, the more I was reading these notes, the more emotional we were getting ourselves.
00:05:02.940 I love the fact that the Valuetainment audience is taking time to order something, to ship to somebody else, to make their day.
00:05:12.920 How awesome is this, that we're doing this?
00:05:15.280 So for all of you guys that placed your order, I love the fact that you're doing this.
00:05:19.400 We're wired the same exact way.
00:05:21.200 You can pick and choose the hats, whether it's the white one, the black one, or the green one, when you're sending out to them.
00:05:25.920 There's still a few left, if you haven't done it yet, on the Lemon Campaign, especially with everything that people are going on right now.
00:05:30.940 Go to vtmerch.com, place your order, and then also, for the mothers out there, you asked for it, we wanted to do it.
00:05:37.820 We know this audience is 80% men, but 20% women.
00:05:41.660 It used to be 90% of female audiences growing in a major way.
00:05:44.540 Rob, if you want to play the clip, Mother's Day is around the corner next week, and we got a bunch of VT Mom gear, stuff that's out there.
00:05:52.560 You know, Mama, today I love you.
00:05:54.560 VT Mom, future looks bright.
00:05:56.560 Here's one that I like a lot that's also on the site, VT Mama.
00:06:00.540 This is another one that we have, Value Tainment Mama that we got out there.
00:06:06.800 It's awesome.
00:06:07.700 So, you know, we wanted to make sure that men, ladies typically do the shopping for us.
00:06:12.720 We're not good at this stuff.
00:06:14.240 Go place an order for mothers out there that are doing the right thing.
00:06:18.780 They're going out of their way, and you're seeing how hard they're working.
00:06:21.100 Every order you place, they're going to get a VT Mom keychain, and then if you place an order above $100, it's the VT Mom keychain,
00:06:28.240 plus this mug that says VT Mom, and it explains a sophisticated achievement that is always there for you no matter what.
00:06:35.700 Moms, love you.
00:06:37.760 Place an order for the mothers out there that watch PBD Podcast and Value Tainment.
00:06:42.080 If you enjoyed this video, you want to watch more videos like this, click here, and if you want to watch the entire podcast, click here.
00:06:51.100 We'll see you next time.