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UPS IS CUTTING 12K JOBS AMID DISAPPOINTING SALES OUTLOOK, COMPANY SAYS
ABC 13 - Houston ^
| 30 Jan 2024
| Chris Isidore
Posted on 01/30/2024 12:56:09 PM PST by MeganC
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To: E. Pluribus Unum
UPS guys have always been well paid; Amazon drivers, not so much. I would guess that could lead to a cut in market share.
To: MeganC
22
posted on
01/30/2024 2:04:57 PM PST
by
4Liberty
(My 2024 prediction: Biden will be 'eliminated' -- not Trump --and Deep State will suspend elections.)
To: cableguymn
thats part of it. but not all of it. That's why I used the word "partially."
23
posted on
01/30/2024 2:48:44 PM PST
by
E. Pluribus Unum
(The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
To: MeganC
To: Vaduz
“Didn’t UPS go union not that long ago.”
UPS has been unionized for decades ...
25
posted on
01/30/2024 3:07:57 PM PST
by
catnipman
(A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
To: MeganC
one good thing about the 12,000 UPS layoffs is that almost all of them are coming from their bloated 85,000 executive and administrative staff ...
26
posted on
01/30/2024 3:10:23 PM PST
by
catnipman
(A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
To: MeganC
Typical corporate accounting. They expecting $93 billion, $2 billion more than last year, but they wanted $96 billion, so they say they lost money.
I told the IRS I wanted to make $150K last year but only made $60K. I deducted $90K for my loss and I got audited and had to pay taxes anyhow.
27
posted on
01/30/2024 3:57:08 PM PST
by
kickstart
("A gun is a tool. It is only as good or as bad as the man who uses it" . Alan Ladd in 'Shane' )
To: Vaduz
“Didn’t UPS go union not that long ago.”
That’s my understanding too, and I think their drivers now make $100k plus, if I remember correctly.
28
posted on
01/30/2024 4:32:07 PM PST
by
BobL
(Trump gets my vote, even if I have to write him in; Millions of others will do the same)
To: MeganC
didn’t they go on strike a while ago? seems like that caused many businesses to find other other and make other deals.
To: catnipman
one good thing about the 12,000 UPS layoffs is that almost all of them are coming from their bloated 85,000 executive and administrative staff ...
*************************
Excellent.
The people delivering packages that keep supply chains moving got raises, and now people that understand efficiency can start working on “the bloat” you’re talking about.
When I get a chance later in the week, I might have to take a peek at their stock. I might throw a few bones at them.
30
posted on
01/30/2024 6:31:38 PM PST
by
unclebankster
( Globalism is the last refuge of a scoundrel.)
To: 4Liberty
31
posted on
01/30/2024 7:20:44 PM PST
by
MeganC
(There is nothing feminine about feminism. )
To: Vaduz
32
posted on
01/30/2024 7:37:42 PM PST
by
bdfromlv
(Leavenworth hard time)
To: bdfromlv
When they go in the business??????????????????????????????
33
posted on
01/31/2024 11:16:20 AM PST
by
Vaduz
To: BobL
Agree not long ago there was a story about them and FedEx.
34
posted on
01/31/2024 11:19:40 AM PST
by
Vaduz
To: Vaduz
they have been the only union at ups since 34.
35
posted on
01/31/2024 12:55:41 PM PST
by
bdfromlv
(Leavenworth hard time)
To: bdfromlv
When did the company start up?.
36
posted on
02/01/2024 6:44:50 AM PST
by
Vaduz
To: Vaduz
37
posted on
02/01/2024 2:37:00 PM PST
by
bdfromlv
(Leavenworth hard time)
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