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Author
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Topic: UPS announces 20,000 job cuts, 73 facility closures amid fewer Amazon shipments
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teasel
Knowflake Posts: 30693
From: Here
Registered: Apr 2009
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posted April 29, 2025 07:58 PM
  
As UPS and Amazon scale down their partnership, UPS faces a challenging market, prompting significant workforce reductions and facility closures. http://www.denver7.com/politics/economy/ups-announces-job-cuts-and-facility-closures-as-amazon-reduces-volume IP: Logged |
Randall
Webmaster Posts: 203317
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted April 29, 2025 08:35 PM
A temporary but necessary growth pang.IP: Logged |
PlutoWasHere
Knowflake Posts: 1261
From: The Nether World
Registered: Mar 2021
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posted April 30, 2025 12:34 PM
quote:
Originally posted by Randall:
A temporary but necessary growth pang.
Why do you think it's temporary? Where's your reasoning? Consumer spending is down, it's the most important driver of the economy. Consumer sentiments are historically low as is Trump's approval rating. Magical thinking isn't going to save your economy. IP: Logged |
Randall
Webmaster Posts: 203317
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted April 30, 2025 01:16 PM
Because $5 trillion in new investments are being made. There’s nothing magical about that. By the third quarter things will kick in. By the fourth quarter, we will be operating on all cylinders. I know you are cheering for our failure, but your disappointment will be worth the wait. IP: Logged |
Belage2
Knowflake Posts: 335
From:
Registered: Jan 2025
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posted April 30, 2025 03:40 PM
The job cuts and facility closures were years in the making. No need to blame Trump for that! Proofs?? Here they are: Back in January 15, 2025, UPS announced that he would be cutting down jobs and close facilities as part of its “Network of the Future” overhaul... [UPS]https://www.supplychaindive.com/news/ups-warehouse-layoffs-network-of-the-future/737331/[/UPS] Back in March 2024, they announced that they would be closing 200 US facilities: https://www.supplychaindive.com/news/ups-closing-200-facilities-network-of-the-fu ture/711412/ IP: Logged |
PlutoWasHere
Knowflake Posts: 1261
From: The Nether World
Registered: Mar 2021
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posted April 30, 2025 04:19 PM
quote:
Originally posted by Randall:
Because $5 trillion in new investments are being made. There’s nothing magical about that. By the third quarter things will kick in. By the fourth quarter, we will be operating on all cylinders. I know you are cheering for our failure, but your disappointment will be worth the wait.
If there are no customers, the economy will not grow. I don't know where the 5 trillion comes from and where it's going to, so I can't comment on the effects. And no, I'm not cheering for failure. But when I see bad policies, I will call them out. And I'm not the only one. Even the chairman of the Federal Reserve has been critical of Trump's policies. IP: Logged |
Randall
Webmaster Posts: 203317
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted April 30, 2025 05:31 PM
That guy is a partisan hack. IP: Logged |
Lindaland
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