News@lemmy.world · 1 year ago

UPS mass layoffs as 48,000 jobs cut

www.newsweek.com

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UPS mass layoffs as 48,000 jobs cut

www.newsweek.com

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News@lemmy.world · 1 year ago

The company said its streamlining efforts have resulted in roughly $2.2 billion in cost savings in 2025.

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1 year ago
According to their last earnings, domestic margins were down due to decreased spending. International margins were up due to increased spending. They might be seeing further decrease in domestic spending coming into the holiday season.

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