politics @lemmy.world · 5 days ago

UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates

www.cnbc.com

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UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates

www.cnbc.com

vegeta@lemmy.world to

politics @lemmy.world · 5 days ago

United Parcel Service reported a first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the parcel giant looks to trim costs.

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KnitWit@lemmy.world
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5 days ago
That’s their stated reason, but I’m sure installing automated small package sorters at every delivery hub last year is the real driver of this.

politics @lemmy.world

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