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Amid UPS struggles, shipper makes first-ever plans to offer buyouts to drivers
The potential buyouts for the drivers of its iconic brown package cars comes as UPS has announced plans to slash tens of thousands of management and other jobs and automate more of its business as it slogs through global trade tensions and the loss of business from what used to be its biggest customer — Amazon.
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
"Our members cannot be bought off and we will not allow them to be sold out," Teamsters General President Sean M. O'Brien ...
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UPS, Starbucks, FedEx, Amazon, Google and almost 100 companies planning massive layoffs in JulyNearly 100 major companies, including UPS, FedEx, Starbucks, and Amazon, plan mass layoffs in July amid economic uncertainty ...
A UPS spokesperson says, "There are no planned closures in Maine at this time. We are consolidating deliveries in certain zip ...
The Amazon deliveries UPS is dropping are “not profitable for us, nor a healthy fit for our network,” she said. What’s more, UPS plans to increase automation, she said, ...
UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its ...
UPS’s decoupling from Amazon may be the easy part of its reconfiguration, however. Weeks after it announced that change, President Donald Trump announced tariffs on U.S. trading partners, ...
Analysts at Bank of America hiked their price target on Roku (NASDAQ:ROKU) and reiterated their bullish rating, citing ...
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