International Brotherhood of Teamsters President Sean O’Brien discusses the bankruptcy filing of Yellow Corporation on ‘Cavuto: Coast to Coast.’ #foxbusiness #cavuto
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I worked for yellow for 9 years leading up to the bankruptcy and it was the most rotten, mismanaged company i have ever heard of. Completely inept from top to bottom. Good riddance to it.
I worked for yellow, lost my job july 31 and guess what? Our last paycheck, they had the balls to take out union dues. Unbelievable
USPS needs Teamsters
$700 million cash grab
This guy being interviewed doesn’t make the fiscal nor financial decisions for Yellow. They made their bed now they’ll lie in it. The power’s that be in the company are to blame, they made the decision to buy out 2 competitors for over 2 billion dollars. Ask the decision makers how big their bonuses were. The union gave a ton of concessions and they’re to blame? SMFH because this stuff is for intelligent, educated people… let them figure it out
My hunch is Yellow's union saw what UPS workers got and wanted the same.
In this case, i think the unions over played their hands
Compensate the workers,yes
Ups will probably be next. They are too expensive to ship due to labor costs. And benefits.
Teamster bosses are full of it is usual it's been decades
Of course Yellow is trying to blame the Teamsters. Just look at all the companies they bought and ran out of business plus all the $$$$$ they got from the Goverment and Apollo and they still went bankrupt. Mismanagement at it's worst.
It all started when CEO Zollers rolled the dice aquiring Roadway & USF . How do you pay back over 1B when your making less than 5 cents profit on every $ of gross Income. They could barely make the Interest payments & never touched the principle.
Notice how both sodes say they met with eachother buts its only words. You never see evidence of these so called meetings…
Sometimes the parasite kills the host.
I'm a retired Teamster and I hope this doesn't affect my pension
Jimmy Hoffa never would have let this company go belly-up these clowns today these CEOs think their companies are made of money they're not this is proof 30000 truckers out of an out-of-work what's Joe Biden going to do when they all them unemployment figures come on is his watch I'd like to see him lie his way out of this one
hello tell the truth
Lock the idiot managers and president of yellow up😮😊😅❤❤
When one gives concessions, what they are really doing but not realizing it, is they are making an investment into the company. Now what guarantees is there if it dose not pan out?? What is to say that those concessions will be used wisely??
Teamsters telling someone else what to do with their company should be illegal.
BS! Nothing is being said about the thousands that lost their life line. Both side don't deserve being heard
And another thing the Teamsters job is to protect the members and jobs and they failed miserably. But O'Brien says its not his fault. With leadership like that no wonder truckers don't want to join the union.
I blame O'Brien he didn' t care about Yellow. He said let them go out of business. He didn't let the members vote on it and wanted to play the tough guy. You can play hardball with UPS because they only had FedEX as competition Yellow had 6 other companies to deal with. Why didn't the union demand a through management overhaul before it got this bad. Anyways it happened on his watch 22,000 truckers have to start over including me after 25 years.
Union trash deserves to be on unemployment!!!
Teamster boss might as well keep silent cost a lot of people their job
this guy has to make sure the outfit gets paid first ! unions. mob, government. and the workers all have to get paid , but the mob comes first . they eat first !!
Teamsters union received the larges bailout in US history on December 8 2022 ! 36 billion. Who mismanaged their money again?
Those are hard facts
Union workers are overpaid cry babies and all their Route 4 is greed you're a bunch of greedy no good you got the rest Union square only good when we cannot have labor laws
The Teamsters didn't run the company……
She stuttering to much
Nothing is made in America any more thanks to Unions
Teamsters are to blame
This is good news, this is my industry and the reality is this company has always been poor.
If O'Brian wasn't working for the teamsters, he'd be robbing banks in Charleston.
has anyone heard what they did with the 700M? those folks was taking 15% after taxes from their employees for YEARS..at what point do you draw the line?