🚨 UPS Cutting 20,000 Jobs?!!!! Really… 🤷‍♀️

Thebrownblob

Well-Known Member
I would imagine this is from the over hiring during Covid and consolidating buildings an automation. This will be through mostly attrition of retirements not being replaced and layoffs of very low seniority people.
 

burrheadd

KING Of GIFS
Pensions will be cut accordingly.
IMG_4507.jpeg
 

Thebrownblob

Well-Known Member
I’m a nothing burger. Ran across this. “There’s a strong possibility AI takes more American jobs in the next 5 years than China has in the last 30 years”. I believe this announcement is big signal for domino ripples.
They’ve been saying that for almost a decade, and I believe they will still push for that, and I believe they will eventually fail.
 

worldwide

Well-Known Member
Any news on who the 20k being let go?
No doubt there will be management cuts but over the past 3-4 years, they've already cut a lot of management so there's a finite number that can be cut.

"Along with the job cuts, the company announced it will also close 73 of its buildings by the end of June 2025 and said that it may target additional buildings for closure."

Closing buildings means hourly as well as operations cuts
 

Thebrownblob

Well-Known Member
No doubt there will be management cuts but over the past 3-4 years, they've already cut a lot of management so there's a finite number that can be cut.

"Along with the job cuts, the company announced it will also close 73 of its buildings by the end of June 2025 and said that it may target additional buildings for closure."

Closing buildings means hourly as well as operations cuts
I don’t believe this is a new number. I believe this is a number that has already been understood in regards to not replacing people who leave and some of the building closures with people not following their work..
 
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