UPS is laying off more employees amid effort to boost profitability - eviltoast

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.

  • WhyFlip@lemmy.world
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    2 months ago

    Figuratively speaking, AI is just beginning to learn to walk. Yet, so many, such as yourself, have jumped on the AI baby bashing train.

    • Optional@lemmy.worldOP
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      2 months ago

      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!