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.
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!