Over70irregs
Well-Known Member
FedEx is laying off 10% of its officers and directors amid cooling demand
The corporate job cuts come as the shipping giant tries to reduce costs amid cooling consumer demand.
Fedex Layoffs. Is UPS management next?
- Thread starter Over70irregs
- Start date
UPS Layoffs: Your Rights & Responsibilites
UPS is imposing layoffs. Get a run-down on your union rights and what you can do to protect yourself and your brothers and sisters.
www.teamsterslocal804.org
Sissy Brown Short Shorts
Well-Known Member
Time for the middle management bureaucratic bloat to be excised from the company. Always first on the chopping block. You’d think they’d keep the weight off but after the hard times are gone these fat cats can’t stop themselves from rehiring thousands of professional useless people. UPS can save some money getting rid of the diversity, equity and inclusion crowd. Or the guy that changes FL1 to FDR back and forth every couple years to justify his IT salary.
I have NOT been lurking
Eat. Sleep. Work. Jork.
UPS Layoffs: Your Rights & Responsibilites
UPS is imposing layoffs. Get a run-down on your union rights and what you can do to protect yourself and your brothers and sisters.
Commercial Inside Release
Well-Known Member
Things are playing out, as predicted... But, did anyone listen six weeks ago?
oldngray
nowhere special
FedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10% and consolidating some teams and functions.
“Unfortunately, this was a necessary action to become a more efficient, agile organization,” CEO Raj Subramaniam said in a prepared statement.
finance.yahoo.com
“Unfortunately, this was a necessary action to become a more efficient, agile organization,” CEO Raj Subramaniam said in a prepared statement.
FedEx, Rivian, DraftKings join US companies cutting jobs
FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts. FedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10% and...
I have NOT been lurking
Eat. Sleep. Work. Jork.
THE PAJEETING BEGINS @TearsInRainFedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10% and consolidating some teams and functions.
“Unfortunately, this was a necessary action to become a more efficient, agile organization,” CEO Raj Subramaniam said in a prepared statement.
FedEx, Rivian, DraftKings join US companies cutting jobs
FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts. FedEx sent an announcement to employees Wednesday informing them that the package delivery company is reducing the size of its officer and director team by more than 10% and...
MECH-lift
Union Brother ✊🧔 RPCD
UPS, FedEx partner airline agrees to buy 20 pilotless cargo planes in $134M deal | Fox Business
Ameriflight, a cargo airline that has partnered with shippers such as UPS and FedEx, says it is buying new carbon fiber Natilus planes that will cut the cost of operations.
Bye bye pilots
MECH-lift
Union Brother ✊🧔 RPCD
UPS Prepares for Slowdown in Global Delivery Volumes
The delivery company said annual revenue could decline for the first time since 2009.
www.wsj.com
Ohhhh now we’re going out of business after saying we made 13 billion in profit last year.
SMH
Good thing they raised that dividend again..
UPS Prepares for Slowdown in Global Delivery Volumes
The delivery company said annual revenue could decline for the first time since 2009.
Ohhhh now we’re going out of business after saying we made 13 billion in profit last year.
SMH
Mplayers2006
The Most Hated Troll 😈
I’m 99% sure they will cut from the bottom up. So don’t think it will be just management. Nonetheless, there are no word on job cuts and we are still hiring strong 
UPS Prepares for Slowdown in Global Delivery Volumes
The delivery company said annual revenue could decline for the first time since 2009.
Ohhhh now we’re going out of business after saying we made 13 billion in profit last year.
SMH
"United Parcel Service Inc. is girding its business against a slowdown in global delivery volumes as it advised that annual revenue could decline for the first time since 2009.
The Atlanta-based delivery company said Tuesday that it expects revenue of between $97 billion and $99.4 billion in 2023, down from $100.3 billion last year."
Of course delivery revenue will be down. Everyone isn't still stuck at home hiding from the virus and/or holding a fist full of government cash and having everything delivered. The big tech companies that are laying off right now are forecasting drops in revenue for similar reasons.
To put things in perspective. Check out 2020 and 2021:
UPS Revenue 2010-2022 | UPS | MacroTrends
728ups
All Trash No Trailer
you peasants need to suck it up, we shareholders deserve that increase!!
Settle down Grandpa
Wally
BrownCafe Innovator & King of Puns
ON ROAD SUPERVISORS NEED TO BE OFFERED DRIVING JOB OR TERMINATED
PLAIN AND SIMPLE
PASinterference
Yes, I know I'm working late.
Ups is just playing poor because it's a contract year. Ask your management how much they got in mip this year. Profits always look less when contract negotiations start. Don't listen to these lying crooks. If you do you are stupid.
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