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News@lemmy.world · 1 month ago

UPS mass layoffs as 48,000 jobs cut

www.newsweek.com

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UPS mass layoffs as 48,000 jobs cut

www.newsweek.com

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News@lemmy.world · 1 month ago

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The company said its streamlining efforts have resulted in roughly $2.2 billion in cost savings in 2025.

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Semisimian@startrek.website
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1 month ago
"14,000 roles primarily in management, alongside around 34,000 cuts within its operational workforce”

This should bode well going into the package shipping season. But hey, at least the stock price went up after the announcement.
- fluxion@lemmy.world
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  1 month ago
  Gutting companies is great business for wall street “investors”
  - Yawweee877h444@lemmy.world
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    1 month ago
    Sir, this is a casino.

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