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cm0002@lemmy.world to United States | News & Politics@midwest.social · 1 day ago

UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs

www.usatoday.com

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UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs

www.usatoday.com

cm0002@lemmy.world to United States | News & Politics@midwest.social · 1 day ago
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The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.
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  • sorghum@sh.itjust.works
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    24 hours ago

    Just on the surface, this is probably related to loosing the exclusive contract for Amazon deliveries.

    Edit: yup, 2nd paragraph

  • TrackinDaKraken@lemmy.world
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    1 day ago

    The dominoes are picking up speed.

    • Tikiporch@lemmy.world
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      21 hours ago

      What do you mean by this?

      • redsand@lemmy.dbzer0.com
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        19 hours ago

        Economic collapse or UPS bankruptcy.

        • Tikiporch@lemmy.world
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          18 hours ago

          This is mostly the result of the build up of Amazon and Walmart own delivery networks. A 44% increase last year compared to the year before. This will effect all B2C logistics firms.

          You weren’t the individual I was asking, though. Just trying to see if they had any other insights.

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