Louisville's UPS Centennial Hub will see layoffs starting Feb. 16, UPS spokesperson Mechelle Stanchfield confirmed via email to the Courier Journal Thursday afternoon.
https://www.courier-journal.com/story/money/companies/2023/12/28/ups-centennial-hub-in-louisville-to-see-layoffs-in-2024-what-to-know/72052003007/
UPS lost a lot of volume doing the anticipated strike in 2023. Some of that volume will never come back. So UPS will have to reduce cost. Which will include layoffs, possible buyouts of hourly and management employees. Lower seniority drivers will be laid off from driving and will have to work in the hub. Hub workers will only get minimum hours 3.5. No overtime will be allowed. Union employees will realize that they are really making less money overall. Management employees will realize that they will be asked to do more work with management cutbacks. Hopefully UPS will offer good management buyouts to senior operations employees
The endgame...https://www.highereducationinquirer.org/2023/12/ai-robot-capitalists-will-destroy-human.html
Everyday folks are struggling due to the price gouging . 2024 does not look much better. Those gouging the little people to make themselves rich must have forgotten. ' It is easier for a camel to pass thru an eye of a needle than a rich man to enter Heaven". Why not just be fair and reasonable in setting prices. So sorry for anyone losing their jobs.
Regarding the slow peak comment; deliveries in my neighborhood have been almost exclusively Amazon and FedEx. UPS maybe makes up 15-20% of deliveries this Christmas season. I was surprised by the number of FedEx trucks. Must have been negotiated during the threat of the strike.
FedEx sales folks really seized an opportunity.
Large shippers lock in fuel rates under several year contracts that guarantees they do not get price gouged.
The economy is circling the drain. The price gouging on groceries and fuel have vacuumed up any extra money that might be injected to keep economy going. Some people fell for the enormous price gouging for buying a house and are under water but the realtors pockets are well funded. All this adds up to loss of income for shippers.
been a slow peak season, no surprise. they would not give any approximate number of layoffs. if it's a tiny number they likely might.