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UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs (www.usatoday.com)

submitted 22 hours ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] sorghum@sh.itjust.works 15 points 21 hours ago* (last edited 21 hours ago)

Just on the surface, this is probably related to loosing the exclusive contract for Amazon deliveries.

Edit: yup, 2nd paragraph

[–] DarrinBrunner@lemmy.world 13 points 21 hours ago (1 children)

The dominoes are picking up speed.

[–] Tikiporch@lemmy.world 0 points 18 hours ago (1 children)

What do you mean by this?

[–] redsand@lemmy.dbzer0.com -1 points 16 hours ago (1 children)

Economic collapse or UPS bankruptcy.

[–] Tikiporch@lemmy.world 4 points 15 hours ago

This is mostly the result of the build up of Amazon and Walmart own delivery networks. A 44% increase last year compared to the year before. This will effect all B2C logistics firms.

You weren't the individual I was asking, though. Just trying to see if they had any other insights.