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.

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[–] avidamoeba@lemmy.ca 29 points 3 days ago* (last edited 3 days ago) (2 children)

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.

[–] Zaktor@sopuli.xyz 28 points 3 days ago

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.

[–] apfelwoiSchoppen@lemmy.world 17 points 3 days ago

Fucking ghoul stockholders.