Yellow employees who were likely expecting their final paychecks on Thursday will instead receive them on Friday, according to a company official.
“Employees who are paid weekly and are normally paid on Thursday will be paid on Friday of this week, one day late due to the court hearing,” the official told FreightWaves in an emailed statement.
Four truck drivers and dock workers across the United States told FreightWaves they haven’t received their final paycheck, which they expected on Thursday. some Former employees of Yellow He appeared on social media and message boards on Thursday, frustrated that they had not received their final paychecks.
yellow who I filed for bankruptcy on Monday, has laid off most of its roughly 30,000 employees over the past few weeks. About 23,000 of those workers are represented by Teamsters, according to Monday’s bankruptcy filing. The company ceased regular operations on July 28, As first reported by FreightWaves.
Truck driver William Stephens is one of the laid-off employees represented by the task force. He worked for Giant Transportation for seven years in Columbus, Ohio station.
When he checked the payroll portal on Tuesday, he was happy to see his last pay stub from Yellow. The payment, according to a document seen by FreightWaves, was supposed to cover business days between July 23 and July 29.
However, when Stephens checked his bank account on Thursday, there was no payment from Yellow. And access to his employee portal was closed.
The yellow company official wrote in a statement that the company is doing “everything it can to provide employees with the compensation they are entitled to.” also yellow He blamed the Teamsters Driving to close the company.
“The IBT leadership alone is responsible for the destruction of 30,000 jobs,” said the spokesperson. Yellow was forced to file for bankruptcy on August 6 as a result of IBT’s nine-month refusal to negotiate its long-planned modernization effort, One Yellow, which included large employee pay increases. Unfortunately, Teamster leaders did not care enough about Union Yellow employees to discuss Their contracts only after the IBT fired all the business and it was too late.Yellow fought to the end to save the employees’ jobs.Yellow is working through the bankruptcy process.The timing of this process and legal decisions are not under the company’s control.Yellow will do everything in its power to provide the employees with the compensation they are entitled to on her “.
Meanwhile, the Teamsters wrote in a statement on Sunday that Yellow had “given up its entire workforce” with the Chapter 11 filing. The organization indicated that it would support its members through bankruptcy proceedings.
“Our members’ loss of employment at Yellow was not their fault. They should be the first to lighten the situation as bankruptcy progresses,” said John A. Murphy, Teamsters’ national shipping manager. “While closing Yellow represents a final act of disgrace by a greedy employer, The Teamsters will never abandon our brothers and sisters. We will do everything we can to prioritize our Yellow members and their families during the upcoming bankruptcy proceedings.”
Yellow nearly filed for bankruptcy Several times over the past fifteen years. Teamsters estimates that since 2009, its members have provided more than $5 billion in pay and benefit perks in support of Yellow. Recently, the trucking company received a $700 million loan from the US Treasury in 2020 to avoid going under.
For Stephens, the lack of communication came as another disappointment over the past few weeks of closing Yellow.
“No one or anyone in Columbus has contacted me or anything about his layoff,” Stevens said. “We got no notification in the mail. Nothing. We went to work and saw the gates closed. It’s just frustrating—you’d think a big company like that would at least let you know you don’t have a job anymore.”
A dockworker in Oklahoma City, who asked that her name not be printed while she looked for another job, is also awaiting her final examination. She said she learned she was out of a job from a piece of paper taped to a stop sign at her station stating that company operations had ceased.
Vacation time pay remains in limbo for former Yellow employees
Two laid-off yellow employees who were not represented by the Teamsters told FreightWaves they received their final paychecks last Friday. However, they said they did not receive payment for the unused vacation. Yellow wrote in its July 28 severance agreement that laid-off employees will be paid for unused leave “(a) as soon as administratively practicable.”
Eight Teamsters who previously worked at Yellow said they had not received payment for vacation time due. Another truck driver based near Columbus, Ohio, who has worked for Yellow for 19 years, said he had about four weeks worth of unused PTO. Arcadio Gonzalez, a former Yellow employee based in Wheeling, Illinois, said he has about 130 unpaid hours — that’s roughly the equivalent of more than three weeks of unpaid leave.
Yellow revealed in a bankruptcy filing Monday that it will seek $92.9 million to pay the outstanding PTO. However, he immediately demands $8,725,000 to pay wages. It’s unclear how much of that wage will go to recently laid-off employees or Yellow’s “core group” of about 1,650 remaining employees.
Do you have a story you’d like to share about Yellow’s closing and bankruptcy? e-mail rpremack@freightwaves.com.
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