UPS is laying off more employees amid effort to boost profitability
UPS is laying off more employees amid effort to boost profitability
Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
UPS made $7 Billion dollars net profit last year. It was a decline from the 11.5 Billion net profit they made in 2022.
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Interesting that they are laying off managers while "moving towards more automation". I'm guessing they mean draconian employee-monitoring hardware and software installed in the vehicles, warehouses, repair facilities, etc.
They're unionised so I doubt they can go too far in this regard. I'm guessing it's more of useful automation rather than Big Brother tech.
I hope you're right!
a.k.a. "AI", which they've already spent hundreds of millions on and have nothing to show yet.
Figuratively speaking, AI is just beginning to learn to walk. Yet, so many, such as yourself, have jumped on the AI baby bashing train.
I’m on the “blow all the capital on massively overhyped unproven tech that will take a decade to thrash out and then fire everyone but oops you mean it’s not ready yet well let’s diminish the service to run on a skeleton crew who won’t leave cause jobs are scarce and keep our ridiculous unearned bonuses to live like the kings we are”-Executive bashing train.
Bashing babies has very little to do with it, actually. Hmph!