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UPS mass layoffs as 48,000 jobs cut
(www.newsweek.com)
Just in time for Christmas.
UPS said the layoffs were part of a broader effort to cut costs and reshape the company to better adapt to shifting market dynamics, as executives face pressure to stem a long-term decline in the share price, which has fallen by more than 20 percent this year.
UPS shares rose following Tuesday’s release, and were up over 7 percent at the time of writing.
No directive for profits or long term competitiveness, just share price. The whole system is just a big casino following social trends rather than any core fundamental goal to drive society towards better and less expensive services.
Fucking ghoul stockholders.
this post was submitted on 28 Oct 2025
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 2 years ago
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