The Central States Board of Trustees voted Monday to suspend health care benefits and cease pension accruals for Yellow workers, after two Yellow operating companies, Holland and Yellow Freight, failed to fulfill their financial obligations. Teamsters are preparing for a possible strike as early as July 24.
Pensions, people, pensions. <--- literally, one of the worst things a company can mess with...
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And these hubris-laden Davos vampires are now talking about their desire to "make retirement obsolete."