this post was submitted on 05 Jul 2025
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United States | News & Politics

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UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs (www.usatoday.com)
submitted 3 weeks ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[โ€“] PowerCrazy@lemmy.ml 6 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

One neat trick to maintain profit in the short-term: reduce services, extract additional value from your workers. Will work long enough to retire as an executive. For anyone else you are SOL, lol.

[โ€“] SanctimoniousApe@lemmings.world 3 points 3 weeks ago* (last edited 3 weeks ago)

Seems to be the driving force for a LOT of companies these days - particularly in tech (ahem M$ cough). Late stage capitalism, indeed.