UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
Oh dear. There is always (at least) one. This year it’s UPS’s turn to battle the holiday surge in e-commerce volumes. It seems that despite 95,000 extra workers, it is not meeting delivery targets and is adding a day or two to transit times. This is the first year UPS has added surcharges during peak periods, but that does not appear to have dented demand, and it has told some workers that it might raise the number of hours drivers work ...
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