This is the distressing moment a Yellow Freight trucker is told his pension he has built for 30 years won’t be topped up any further by the company.
Footage shared on TikTok shows the unknown worker angrily shouting after learning that his health care benefits and pension payments had ceased.
The worker, that is believed to be operating in Florida, can be heard saying: ”It’s the motherf******s up there, I worked my a** for this company. This is my money y’all are playing with. F*** this s***.’
The Central States Board of Trustees at Yellow Freight announced they would be suspending health benefits and pension accruals for workers on Monday.
Since then, truck drivers union Teamsters has announced that they had prepared workers for a strike for this coming Monday.
An upset worker was filmed screaming at a Yellow warehouse after learning his pension was in jeopardy over the company’s financial dire straits
The video of the worker is clearly taking place in a depot surrounding by fellow workers.
He continues shouting and pacing back and forth: ‘Nobody tell me about why am I getting emotional.
‘I’ve been here thirty years. Nobody tell me to calm down. Analyze that s****.’
Teamsters General President Sean M. O’Brien said in a statement: ‘Yellow has failed its workers once again and continues to neglect its responsibilities.
Yellow’s CEO Darren Hawkins is pictured. His company faces potential bankruptcy
‘This corporation’s gross mismanagement is another affront to the livelihoods and well-being of 22,000 Teamsters nationwide.
‘Following years of worker givebacks, federal loans, and other bailouts, this deadbeat company has only itself to blame for being in this embarrassing position.’
Teamsters General Secretary-Treasurer Fred Zuckerman said: ‘Yellow has a responsibility and obligation to workers.
‘Our members should not suffer because of management’s incompetence and financial irresponsibility.’
He continued: ‘This is a new low, even for a company as dysfunctional as Yellow. The Teamsters are working with our local unions, and we will continue to regularly update members as this situation unfolds.’
Yellow Freight is currently $1.6 billion in debt, $1.2 billion of which was due this summer, including $700 million to the federal government
A spokesperson for the company told The Hill: ‘The company intends to repay the funds with interest immediately upon securing additional financing and has asked the funds to discuss acceptable terms.’
Source: | This article originally belongs to Dailymail.co.uk
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