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Amazon laying off 30,000, UPS 48,000. Are we great yet?
| Paralegal Mohammad | 10/28/25 |
| UhOh | 10/28/25 |
| Paralegal Mohammad | 10/28/25 |
Poast new message in this thread
Date: October 28th, 2025 1:37 PM Author: Paralegal Mohammad (Death, death to the IDF!) United Parcel Service UPS 7.93%increase; green up pointing triangle has cut 48,000 management and operations positions, the company disclosed Tuesday when it reported earnings.
Of those roles, 14,000 were management positions and 34,000 were jobs in operations. The reductions came through layoffs and buyouts, the company said.
The job cuts were greater than the shipper announced in April when it said it would cut about 20,000 operational jobs. In January 2024, UPS said it planned to cut about 12,000 management jobs.
Amazon.com AMZN 1.13%increase; green up pointing triangle announced job cuts of 14,000 workers Tuesday, a first move in layoffs that are expected to affect as many as 30,000 corporate jobs, according to people familiar with the matter. |
Date: October 28th, 2025 1:43 PM Author: UhOh just buy stocks (http://www.autoadmit.com/thread.php?thread_id=5790869&forum_id=2#49382224) |
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Date: October 28th, 2025 1:46 PM Author: Paralegal Mohammad (Death, death to the IDF!) Will that make us great again? (http://www.autoadmit.com/thread.php?thread_id=5790869&forum_id=2#49382238) |