Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
UPS made $7 Billion dollars net profit last year. It was a decline from the 11.5 Billion net profit they made in 2022.
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Interesting that they are laying off managers while “moving towards more automation”. I’m guessing they mean draconian employee-monitoring hardware and software installed in the vehicles, warehouses, repair facilities, etc.
a.k.a. “AI”, which they’ve already spent hundreds of millions on and have nothing to show yet.
Figuratively speaking, AI is just beginning to learn to walk. Yet, so many, such as yourself, have jumped on the AI baby bashing train.
