March 18, 2011: John Lamar, YRC’s new restructuring officer, will pull down $80,000 per month, in addition to “director compensation” and a possible $500,000 bonus later this year, according to YRCW’s filing with the Securities and Exchange Commission. Lamar holds positions with other corporations as well.
YRC cannot afford to pay for our pensions, but does seem to have money for some people. You can read more here.
The Teamsters joined the United Autoworkers (UAW) and five other international unions representing members at the largest U.S. defense contracts in a letter calling on Congress to ban defense contractors from funneling money to Wall Street investors through stock buybacks and dividends instead of investing in jobs and infrastructure.
Amazon drivers at the company’s DBK1 facility in New York City marched on the boss to demand union recognition and better pay, healthcare, and job security.
