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Ups to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall
- ijhuygft776 3y agoDupe: https://news.ycombinator.com/item?id=39191723 https://news.ycombinator.com/item?id=39191723
- ta8645 3y agoIf those 12,000 jobs aren't generating profit, then there isn't a reason to keep them. But how do you cut that many jobs without also negatively affecting your ability to generate revenue? It seems very odd that a relatively minor downturn in year-over-year business could make that many positions extraneous so quickly. There must be another relevant factor, that is going unsaid.