• Re: UPS is cutting 12,000 jobs

    From Retrograde@21:1/5 to JAB on Tue Jan 30 18:56:53 2024
    On 2024-01-30, JAB <[email protected]d> wrote:
    UPS lost business last year as customers concerned about a possible
    strike by the Teamsters shifted shipments to rival carriers, such as
    FedEx. Although UPS said it expects to get most of that business back,
    it had won back only about 60% of that lost business.

    Nice work Teamsters. Big suck-sess.

    They'll continue to get my business, anyway. FedEx in my area is a
    royal disaster. When they're pressed for time, it seems they "mis"
    deliver your package anywhere they want, mark it delivered (cha-ching!
    made my quota!) and then wait for the phones to start ringing to fix it.

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  • From JAB@21:1/5 to All on Tue Jan 30 12:19:43 2024
    UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to
    save $1 billion costs. Managers and contractor positions will make up
    most of the layoffs.

    The job cuts come as UPS issued a disappointing sales outlook for this
    year, saying it expects global revenue of between $92 billion to $94.5
    billion. That would be up from the $91 billion in revenue it reported
    for 2023, but analysts surveyed by Refinitiv had been expecting
    revenue of at least $95.6 billion.

    UPS lost business last year as customers concerned about a possible
    strike by the Teamsters shifted shipments to rival carriers, such as
    FedEx. Although UPS said it expects to get most of that business back,
    it had won back only about 60% of that lost business.

    https://www.cnn.com/2024/01/30/investing/ups-job-cuts/index.html

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  • From JAB@21:1/5 to [email protected] on Tue Jan 30 13:18:10 2024
    On Tue, 30 Jan 2024 18:56:53 GMT, Retrograde
    <[email protected]d> wrote:

    FedEx in my area is a royal disaster.

    In earlier days, Fed and a few others did not like making rural
    deliveries.

    But now, its not uncommon to have package dropped at local USPS, then
    delivered by USPS.

    Very seldom do I have an issue with UPS. Sometimes, the package is
    delivered a day later in their busy season. Drivers are limited in
    their work hours (federal requirement), and can't make the full run
    legally.

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