Yellow Corp trucker goes ballistic at bosses after agency STOPPED making contributions to employees’ pension fund – as $1.2billion debt leaves it on brink of chapter

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That is the distressing second a Yellow Freight trucker is informed his pension he has constructed for 30 years gained’t be topped up any additional by the corporate. 

Footage shared on TikTok reveals the unknown employee angrily shouting after studying that his well being care advantages and pension funds had ceased. 

The employee, that’s believed to be working in Florida, will be heard saying: ”It’s the motherf******s up there, I labored my a** for this firm. That is my cash y’all are taking part in with. F*** this s***.’

The Central States Board of Trustees at Yellow Freight introduced they might be suspending well being advantages and pension accruals for employees on Monday. 

Since then, truck drivers union Teamsters has introduced that that they had ready employees 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

An upset employee was filmed screaming at a Yellow warehouse after studying his pension was in jeopardy over the corporate’s monetary dire straits 

The video of the employee is clearly happening in a depot surrounding by fellow employees.

He continues shouting and pacing backwards and forwards: ‘No one inform me about why am I getting emotional.

‘I’ve been right here thirty years. No one inform me to relax. Analyze that s****.’

Teamsters Common President Sean M. O’Brien mentioned in a press release: ‘Yellow has failed its employees as soon as once more and continues to neglect its duties.

Yellow's CEO Darren Hawkins is pictured. His company faces potential bankruptcy

Yellow's CEO Darren Hawkins is pictured. His company faces potential bankruptcy

Yellow’s CEO Darren Hawkins is pictured. His firm faces potential chapter 

‘This company’s gross mismanagement is one other affront to the livelihoods and well-being of 22,000 Teamsters nationwide. 

‘Following years of employee givebacks, federal loans, and different bailouts, this deadbeat firm has solely itself guilty for being on this embarrassing place.’

Teamsters Common Secretary-Treasurer Fred Zuckerman mentioned: ‘Yellow has a duty and obligation to employees. 

‘Our members mustn’t endure due to administration’s incompetence and monetary irresponsibility.’

He continued: ‘It is a new low, even for a corporation as dysfunctional as Yellow. The Teamsters are working with our native unions, and we’ll proceed to often replace members as this example unfolds.’

Yellow Freight is presently $1.6 billion in debt, $1.2 billion of which was due this summer season, together with $700 million to the federal authorities

A spokesperson for the corporate informed The Hill: ‘The corporate intends to repay the funds with curiosity instantly upon securing extra financing and has requested the funds to debate acceptable phrases.’

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