Posted on 01/30/2024 7:18:30 AM PST by NautiNurse
United Parcel Service said Tuesday that it plans to cut about 12,000 jobs this year, a move that the package-delivery giant said would result in $1 billion in savings.
Most of the cuts will be to full-time and part-time management positions and contract workers, and executives said they don’t expect these jobs to return when parcel volumes return.
UPS has around 85,000 workers in management.
[Snip]
The job cuts were unveiled after the company said its revenue declined in the last quarter of 2023 as volumes in both its domestic and international businesses dropped.
(Excerpt) Read more at wsj.com ...
We’re all gonna die.
“UPS has around 85,000 workers in management...”
Bloated. Lose all the dead wood/HR/deputies to the assistant deputies/DEI commissars/deputy DEI commissars, etc. (Sounds like the Union government bureaucracy/nomenclatura.)
America misses $1.80/gal and no inflation.
Same here. Mail carrier is struggling with all of the small packages, and the occasional larger box.
Bidenomics! Isn’t it great?
Best economy ever! Eva’ I say!
Let’s go Brandon!
I think the economy is rapidly slowing down and we’ll be seeing more of this in coming days and weeks.
They sent my mailman out with 6 large solar panels I ordered from Amazon, he had to make an extra trip just to handle them in his small vehicle.... it’s nuts!
I have refrained from ordering large items lately, just to spare the poor mailguy... will have to start ordering from suppliers directly I guess.
Agreed. Even in Rural America, it’ll be Fed EX delivering 3 to 1 over UPS on items we order. (Farm machinery parts and pet supplies).
Of course, Fed Ex STILL won’t deliver to the house in the winter - they leave packages that don’t fit in our HUGE mailbox a mile away in the snowbank at the top of the hill down to our farm. (We DO plow the snow!)
*Rolleyes*
Haven’t lost anything to the coyotes...yet! ;)
It’s always a good day when the big brown truck shows up in my driveway.
That 85K got my attention, too.
“Most of the cuts will be to full-time and part-time management positions and contract workers”
How many of these will be Teamsters? Or is your point the Teamsters get paid and others suffer?
Of all the package delivery companies Amazon is the worst. I don’t even blame the driver but the company doesn’t even put the same people in the same area every day so they can learn where everything is. Lots of mistakes
I also see many deliveries by the US postal service, especially on Sundays in my area - they want to get into the lucrative delivery business as well.
Delivery trucks are ALWAYS in my neighborhood (drives the dogs crazy) - and UPS is the one I see the least. Ditto for San Francisco which is even more delivery - crazy than here (no one wants to move their car, stores are closing, parking lots are always full, etc., delivery is a better solution for them).
People tend to ship less (or find alternatives) when you raise rates more than the competition. It isn’t rocket science.
Depends on where you are, When i was a rural area Amazon delivered to the local post and the post office delivered them. But where i am now 99% is by Amazon trucks.
It’s funny how the thugs and gangsters who run the union never lose their jobs. It’s always the workers.
Cardboard (the real term in “corrugated”), yes. Pallets, much less so, because you may be using pallets with smaller loads.
“Teamsters get paid and others suffer?”
I suspect union seniority is a major reason why Detroit became Destroyed.
Seems like Amazon ...
There are been times I have had three different deliveries on the same day by different drivers (the items coming from different places).
I pay a yearly Prime fee so that all deliveries are FREE. I don’t just get free deliveries but I have access to thousands of videos on their streaming channel.
Amazon has changed the business model.
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