Ups management layoffs 2023 reddit. 84 votes, 56 comments.

Ups management layoffs 2023 reddit. Management layoffs? upvotes .

• Ups management layoffs 2023 reddit Customers are encouraged to visit r/UPS Now this is the most shocking information IMO. Feels like they could roll out some tools that would allow a smaller percentage of sole contributor roles to be eliminated but I don’t see any progress on that front. The on-road was hoping his job was secure, but figured Well. A 10lb box could be worth $1000. Any issues or concerns should be dealt with through official UPS Customer Service. After all, for low level management jobs, you have to be actively terrible at management to totally screw up a team, and yet it happens all the time anyway. 87 per share, compared with $3. Coming off the news of massive layoffs in the tech industry, any companies seeing layoffs yet in the AEC industry? Land development, geotechnical, water resources, construction management, and structural engineering are all booming out here! It’s been this way for over 13 years now and won’t be slowing any time soon! Google search civil engineering jobs in Denver Find the best posts and communities about Spotify Layoffs on Reddit. Gaming. I've been trying to find out how many An unofficial subreddit community for UPS workers, AKA UPSers. Layoff is already happening nation wide because of the dropped in volume, not necessarily because of budget cuts. Before layoffs in 2023, the audio streaming platform had more than I was just laid off from UPS today I was a scanner and loader. Also true - I should of specified this was for 8-to 1030 am next day air . 9B in Q4 2023: Vanguard and BlackRock’s Significant Stakes Threatened as Institutional Investors Hold Over 72% of Stock Mass UPS said the workers at the facility on 5190 Ivy Street will no longer be employed on Jan. your department, and your company hits 100% of its goals, the higher ups still need more. This move scheduled to happen within the next 30 days. They've retained talent and paused compensation adjustments to prevent layoffs. Lead paragraph: " More than 115 biotech companies have announced layoffs this year, on track to easily surpass 2022’s numbers. Sorry to hear that brother. This is a safe and open environment dedicated to the promotion of project management methodologies, with the purpose of fostering and promoting free discussion about all things project management. 15, 2025 — after the busy holiday shopping season. FedEx will cut more than 10% of its management staff in response to sinking demand. This is not a complaint department nor a substitute for customer support. Reply reply Top 4% Rank by size . Open comment sort options Posted by u/New_Commission7903 - 1 vote and 1 comment Disney’s 10 Biggest Moments of 2023: Layoffs, Box Office Bombs, Board Fight, DeSantis Feud and More r/boxoffice A place to talk about the box office and the movie business, both domestically and internationally. Serving as a central forum for users to read, discuss, and learn more about topics related to the economic discipline. Put in a gazillion apps, don’t even bother to keep track anymore. That’s the usual time for layoffs to protect a 2024 Fortune 500 budget. The UPS management layoffs in 2023 were a result of various factors, including the company's goal to optimize efficiency, embrace technological advancements, and adapt to evolving market demands. you're told management will have more info and be able to answer questions when they had no clue as to what was happening either and everything is up in the air for the next week and you're asked to digest the An unofficial subreddit community for UPS workers, AKA UPSers. When asked why the companies were engaging in the layoffs, half said the anticipation of a recession was a reason. Last Seen Here on 2024-01-30 Scope: Reddit | Check Title: False | Max . Posted by u/bouncy_disaster - 8,224 votes and 537 comments CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Go to Layoffs UPS announces 12,000 job cuts, says package volume slipped last quarter unemployment cnbc. These layoffs come after implementing hiring freezes in September and furloughing drivers. After the layoffs earlier this year of VP's and Directors, A manager said " knowing the list of people fired, they probably won't be missed. Links to the daily weather posts will continue to be posted here and Twitter daily, though if they disappear it's due to people abusing reporting. reReddit: Top posts of 2023     TOPICS. In 2023, Rivian produced 57,232 EVs and delivered 50,122. reReddit: Top posts of September 2023. Reply reply Effective_Vanilla_32 • in my group sept 29 2023 layoff: director, vp , senior manager level comprised 50% of the mix. But since the driver does not scan the package upon pickup, we are fully responsible if the package does not get scanned at the hub. UPS workers are represented by Teamsters Local No. There are more layoffs coming. We ship telecom equipment. More 2023 Layoffs approaching This round is for Verizon's Network and Operations employees. I learned today preloaders are being laid off and replaced with laid off drivers because full-time employees have priority, even if they Management knows that this was a catastrophic decision, but higher ups are demanding it anyway. UPS cited the need to optimize efficiency and boost profitability as the driving forces behind the management layoffs in 2023. I heard the 12 k layoffs are not union, so the union will not9 help. But layoff in UPS means temporary and you'll be entitled to come back to work before they can hire any one new. Best. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Management layoffs? upvotes 2023. Customers are encouraged to visit r/UPS Again, Management doesn't care about union personalThe union will have more information in regards layoffs. Yet we are kept in the dark and told to keep working “business as usual”. Welcome to /r/Electricians Reddit's International Electrical Worker Community aka The Great Reddit Council of Electricians Talk shop, show off pictures of your work, and ask code related questions. This subreddit is for buy/sell/trade posts only and all other posts will be removed. More than half of companies also said they plan to implement a hiring freeze in 2024. After layoffs, amzn, google still have far more workers than they do than early 2020 thus layoffs in these 2 companies will absolutely continue. Get app Get the Reddit app Log A subreddit for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles. If you didn’t get one within 30 mins, you’re safe. Every quarter has to be better than the last. I think it took over 1 hour before they brought up layoffs. Rivian produces the R1T, R1S, EDV, and will be releasing the R2, R3, and R3X in the next few years. In 2022, Rivian produced 24,337 EVs and delivered 20,332 — up from 1,015 in 2021. On Saturdays i check the list and layoffs for the week, there’s about 16 22. Meeting after states the contracts for 2023 to 2024 were signed and sealed so no more layoffs. Now, more An unofficial subreddit community for UPS workers, AKA UPSers. 6% have identified instability at UPS as a potential reason for leaving. In December 2023, US corporations carried out 1. Good we have someone new flattening it out again. Things still didn’t improve after several more months and so the 20% pay cut made its way to everyone else. Management positions are probably amongst the worst offenders of dumb hiring assumptions. So the layoffs and closures are devastating to the people it happens to and the people who get bumped and lose their jobs to someone else. Valheim; Genshin Impact; Minecraft; Pokimane; Halo Infinite; Call of Duty: Warzone; Path of Exile; Hollow Knight: Silksong; Escape from Tarkov; This is an unofficial community where people can discuss and ask questions regarding UPS related topics. Seeing multiple companies started their layoffs An unofficial subreddit community for UPS workers, AKA UPSers. Share Sort by: Best. My FT sup told me today that she was emailed a list of people for potential layoffs (that I’m a part of) thar have the lowest seniority. Today RSM is conducting Audit layoffs. A layoff is totally a management failure. Members Online • alfonsoth. r/Layoffs. 4 are not coming in for them. reReddit: Top posts of April 2023. Essentially fired all the people that made the company the most profit. Management doesn’t care about you, their essential workers. All we get from upper management is crap communication, double speak, going back on their word, lies and every year taking something away that saves them money for the share holder all the while they get bonuses. Basically had a company-wide meeting saying to keep an eye out for layoff emails. Valheim; Genshin Impact Here is the list of LAYOFFS commencing on December 31, 2023 as listed on publicly available WARN notices submitted to each US State Workforce department. Barely have had some informal conversations. There was a post on the layoff thread that said today before lunch. 616 million “layoffs and discharges,” according to the federal Bureau of Labor Statistics. That's a lot. They went out of business shorty after that great management move. When did management say “no layoffs?” An unofficial subreddit community for UPS workers, AKA UPSers. Find the best posts and communities about Spotify Layoffs on Reddit teams, and are phasing in AI tooling to replace some of the responsibilities of supporting functions (AI doing project management work, or writing UI strings for products). Customers are encouraged to visit r/UPS Does anyone have a list of NZ tech layoffs, or have heard of companies conducting layoffs? This is my list so far of NZ staff impacted at technology companies or tech roles at NZ companies: Microsoft (NZ Operations): Nearly 30% / 100ish NZ staff gone Xero (NZ Operations): 600 NZ staff gone. This subreddit is not an official outlet for SpaceX information. Labs Project Management is client facing, layoffs For the last three months of 2023, UPS reported net income of $1. The problem is that the overhire problem in goog, amzn might be so bad that it would take them a lot more time to figure out the layoffs needed, or even selling some of their unprofitable business ventures. Can’t be sure but there’s very little information from higher ups and no help from an organization whose supposed to care for their employees. New. Heads Up: More Layoffs/Surpluses Coming in Early 2023 Discussion You may have already heard about BiR being pulled out of retail and moved into BAT, the Signature teams nationwide being surplussed, some Mid-Market module-based account managers have also gotten severances, and LED/SLED restructuring. One of our top performers who had only been there a few months was let go, as well. " What the Layoffs Say About UPS. Just not good enough tho! Another Round of Layoffs at SS&C Today Rivian Automotive, along with their products and brand (not the stock). Sort by: Best. If you go to IRIS and search for Artificial Intelligence you'll find the intranet site where it outlines AI projects already rolled out, projects in testing, and future projects. only people will be left is management,. 3 percent annual rate over It’s no coincidence that almost every major tech company has had layoffs throughout 2023 and leading into 2024. 21 billion which is a 3. Before Google announced their first layoff in early 2023, the company is known for no layoff. 2023 & 2024 Mass Layoffs: Detailed List & Reporting of Notable Company Cutbacks This is a safe and open environment dedicated to the promotion of project management methodologies, with the purpose of fostering and The layoffs were announced as UPS released in its 2023 earnings, which showed the company made $9. 8% to $24. It speaks pf poor leadership and poor resources allocation. UPS profits are at an all-time high. Help I watched my friend who is a 22. Yes they will. This is an unofficial community where people can discuss and ask questions regarding UPS Tech layoffs in January 2024: CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others - Times of India r/unitedstatesofindia Reddit's largest economics community. Like others have said the new org is much leaner with a lot of upper management layers removed. There are other areas that have been impacted but I lost count. How hard can they work us? upvotes Top posts of April 3, 2023. I work in revenue cycle management for Optum in partnership with a major hospital network, and that hospital just terminated their contract unexpectedly, so our whole department is just in limbo worried about potential layoffs as well. An unofficial subreddit community for UPS workers, AKA UPSers. Layoffs at UPS demonstrate the precarity of being a white-collar worker in 2023. A rather jarring list here that shows the Any news on when ups will end the greed layoffs? All they are doing is making workers more angry and making it more likely that we vote for a strike if they let us return to work while they negotiate it's less likely we'll vote for a strike can't they see there thinking is flawed? They don't layoff management, I have never seen this. Second Wave of Optum Layoffs Despite Strong Growth in 2023 Reddit's largest economics Local management is toxic and unqualified in most cases. Earnings are down for 2023 over 2022 - Adjusted domestic 1Q 2023 operating profit was $1,488 M compared to $1,705 M for the same period last year. I work for UPS - or, I did work for UPS until I was laid off yesterday - and they have been hinting around about layoffs for a couple of months. It's something almost all of us will face if we have not already. Skip to main content. A recent Reddit policy change threatens to kill many beloved third-party mobile apps, making a great many quality-of-life features not seen in the official mobile app permanently inaccessible to users. UPS just announced 12,000 Google 12,000 in the next 2 quarters Microsoft 1,900 from gaming division Paypal 2,500 Dropbox, IBM, Amazon, Tiktok, and Salesforce all announced layoffs as well Get the Reddit app Scan this QR code to download the app now. Just letting it all out here so you all can know what to expect if you are worried about a layoff in the future, that 25 minute meeting is the key thing to look out for. CSCareerQuestions protests in solidarity The management layed off people soly based on payroll. More posts you UPS has also tapped into AI and machine learning advancements to shift volume from more labor-intensive package sorting facilities to automated hubs. Or check it out in the app stores     TOPICS. Why is this so severe and widespread? Share Add a Comment. Fired or drove off all the productive employees Our FedEx driver scans every single package that they pick up. My director told us he didn’t even know. local artist creations, community meet-ups, Seattle history, current news, community outreach, and careful transparent moderation? This place is for you. Valheim; Genshin Impact; Minecraft; An unofficial subreddit community for UPS workers, AKA UPSers. First Seen Here on 2024-01-30. And our members are being put in the street. I’ve only worked for ups for just above 2 years now and all I’m hearing where I work is all the hourlys that are about or have been laid off and these arnt seasonal folks either these are people with over a year or more of seniority and the union doesn’t seem to be doing anything about it so I was wondering if lay offs at ups are common Get the Reddit app Scan this QR code to download the app now. UPS gross profit for the twelve months ending September 30, 2023 was $71. These are the boots on the ground data experts supporting the business. 61 billion, or $1. The company reduced its labor hours by nearly 10% with this approach when customers leaned more on other carriers during its contract negotiations with the International Brotherhood of Teamsters. Advisory performance, compensation, performance YE, layoffs, etc. In an attempt to save $1 billion amid sinking revenue, executives at UPS are culling 14% of full- and part-time managers and contractors. Posted by u/AutumnAkasha - 103 votes and 163 comments 57% of business leaders who say layoffs are likely estimate 30% or more of their workforce will be laid off in 2023; 70% of companies are likely to implement a hiring freeze in 2023; 34% say their organizations are reducing or eliminating holiday gifts or bonuses this year; Fedex announces layoffs as global delivery volume slows. United Parcel Service (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. Lots of 22. Edit: Tax is also included in the layoffs. We went through this same flattening bullshit with the ~2019 layoffs but lazy fiscal responsibility and land grabs stretched it out again. Vaccines was I think untouched. It got brought up in Q&A. CSCareerQuestions protests in solidarity with An unofficial subreddit community for UPS workers, AKA UPSers. I was hired on September 28 and orientation they told me that our class wasn’t considered seasonal so I took it as we had the jobs and union been taking money out of my checks so I don’t know why I was laid off, the lady told me cause of low volume but I told her that I wasn’t seasonal, she said I don’t know what to tell u. the 12k in management layoffs, which means, 60,000 -80,000 supervisors will have to re apply for a different, or the same position, but only 48,000-68,000 supervisors will have a UPS job when this round of layoffs end. Members Online. 2023-04-27T13:49:52Z Some layoffs have 17% layoff at my company in August 23. Gaming An unofficial subreddit community for UPS workers, AKA UPSers. CRO All, The layoff that just got announced in my section of the company has the vast majority working 2 more months, but one person was only given a month. New Hired January 2023 promoted to staff 2 June 2023 Laid off October 2023 Kpmg is the auditor of Reddit, they could not have a controlling interest Reply reply rhyme-with-troll An unofficial subreddit community for UPS workers, AKA UPSers. Tuesday’s announcement reveals a split between the UPS (UPS) employees are in the news once again — but this time, it’s not gone their way. The layoffs will affect both union and nonunion workers. Open comment sort options I’ve only heard through word of mouth since I’m not manager but apparently when Becker came on he told management his The problem with that is you have Teamsters drivers at UPS getting laid off and bumping Teamsters part timers who work inside. Old. Share Add a Comment. During normal years, our applicant pool might be 10-15% recent layoffs (probably lower), or people who were fired from their previous position. • This link has been shared 7 times. Customers are encouraged to visit r/UPS Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management segments for 2023, which UPS CEO Carol Tomé called I’m not in a management role and I haven’t heard whispers from anyone in the know. My store all management is still getting 40 hours all partime employees cut to 1 day a week. Many only have their positions as managers because they either slept with someone or kissed someone’s ass or are a family member of someone in upper management. Mass layoffs Jan-May for hourlys. ADMIN MOD • In 2023, google bought Board said expenses need to be cut by 20%. However, during core WFH days, they all work around 20-25 hrs a week and able to get everything done. This community is in support for relations discussion, operations, workplace conditions, and general discussion regarding UPS life and work. In addition to the cuts, the company will consolidate some teams and functions. The primary reasons for UPS's We're gonna need a source for Lilly. 4s where getting screwed with layoff the past 2 years, the company was using local full time layoff language and ignoring the national guarantees. Certain departments will be hit harder than others but every department will be affected. But investors see "Acme cuts the fat! Now lean and mean, ready to make you the green!" and pile in. If they had separate crafts each with their own no layoff clauses, they’d be An unofficial subreddit community for UPS workers, AKA UPSers. Upper management has zero idea how the Huge layoffs in corporate yesterday. 21 February 2023 Firm that advises on headcount reductions takes aim at its own One of management consultant's biggest rounds of job cuts ever McKinsey & Co. I have heard rumors it was for a large bonus for the corporation. Teach courses in intro to PM. Bad economic times are inevitable. but ofcourse the ones who kiss@ss the longest are already a masterclass in union wage theft and knew how to lie on the spot. ). My hunch - top level is looking for a 5-10% headcount reduction. 9B in Q4 2023: Vanguard and BlackRock’s Significant Stakes Threatened as Institutional Investors Hold Over 72% of Stock Mass So when it comes to the Tech billionaires deciding between paying their fair share of taxes to show that they support the wider good for the american public or offering a sacrificial slaughter in terms of tech employe layoffs to pacify the pitchfork plebs to performatively demonstrate that Tech is " suffering" and " feeling the " pain like everyone else. The deal will boost wages and benefits for unionized workers by an average 3. I received the call 2 weeks ago, so I have applied to 400+ jobs since then and been reaching out to recruiters on LinkedIn. 23 years experience in sw engineering, human factors and product management. I have only received 1 lead out of the 400+ applications. Top. It isn’t that people weren’t doing their jobs but by those with the same job title. Is this article accurate? As someone who saw massive layoffs in the real estate industry that included most of finance but spared majority of accounting, my experience agrees with this. Valheim; Genshin Impact; Minecraft; Pokimane; Mass Layoffs at UPS Despite Record Profits of $24. Now I'm seeing these layoffs everywhere. An on-road supervisor told me they (management) got an email that corporate was going to be doing mass layoffs of management. At 2023's end, the Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks. Customers are encouraged to visit r/UPS First round of layoffs was handled atrociously. Who else is frustrated by these recent layoffs. Customers are encouraged to visit r/UPS pt management who given layoff notice on my hub has been the newest hire who also happened to suck at their job. 96 per share, a year earlier. I'm glad I did. Or a company may need layoffs to hit growth targets, but management may have no idea where those layoffs need to happen. Genomic sciences and other platform groups are facing ~30% layoffs via elimination and closed pools. Let me know your thoughts! article Yea, I'm in middle management. At UPS, there could be warning signs of potential layoffs. I honestly hated the fake bubbly "we're all family here!" atmosphere of Amazon. The 149,000 “separations” last month occurred in the transportation, warehousing and utilities sector, an increase of 39 percent year-on-year. We recommend Old Reddit with r/SpaceXLounge. In this wave they cut IT, some case management, 40 in legal, middle management, a whole team in credentialing, and others. A subreddit where redditors can share their stories related to being laid off from their jobs and provide As you remember two weeks ago, Reddit posted “RSM Layoffs-June 2023”, which mainly targeted advisory. reReddit: Top posts of August 2, 2023. Explaining that your company restructured and your position was eliminated Layoffs 2023 / Post-Layoff Action Plan . When the head of retail/SB and your CFO (both BBT) leave for other banks, what does that say about your leadership? Reply reply Get rid of the person you don't like Get rid of the person no one likes Don't make your team and colleagues a social club Get rid of the oldest people being paid the most, or the youngest being paid the most In the survey, nearly four in 10 companies said they are likely to have layoffs in 2024, prompting increased fears of a recession around the corner. It's pretty frustrating considering the record profits they made in 2020 running us into I was laid off by this US company last May 2023, the company though they still provided salary even on my 1 month floating status and will receive severance pay that will somehow cover me for 6 months (expenses+bills etc. This community is in support Honestly large enough center you won’t have to worry plenty of old head drivers will gladly take the day off if offered which they get offered first and if for some reason they move to layoffs easily can displace inside work for your guaranteed 8 plenty of inside PT workers will take the day off also as many are there for the benefits and have a second job. I was laid off 2 months after that 24 votes, 27 comments. reReddit: Top posts of August 2023. FedEx is changing, but not in a way that is friendly to employees, even ones with longevity. My most recent former firm, a big four in the Northeast started doing “silent layoffs” as early as mid-2022. plans to eliminate about 2,000 jobs, one of the consulting giant's biggest rounds of cuts ever. I used to work for a company like that. Controversial. 455, the local union affiliate of the International Brotherhood of Teamsters. The layoffs we've seen have mainly been to address the excess headcount. The job cuts come as America’s biggest parcel carrier recently finalized a massive new contract covering 340,000 employees represented by the Teamsters. Most likely, there will be some further layoffs in advisory/consulting and even audit/tax. They do what other tech companies do and once one does layoffs, everyone follows. I haven't heard anything back since yesterday when I called and was told there's nothing available. also nepotism, favortism plays a role. Him calling me in its because drivers are most likely out on vacation or just calling out and the other 22. The shipping giant, which forecast weak demand for parcel delivery in 2024, has said it plans to lay off On Tuesday morning, the same day the company reported it made billions in profits last year, UPS announced plans to lay off 12,000 workers across its global operations. UPSs internal numbers already had this peak season as being weak, but our actual numbers are even lower than projected. 45 billion, or $3. Current thinking is the 12k layoffs will be non-ops management, meaning business functions that don't have anything to do with moving packages directly. This is known at Google for some time now, employees are too entitled and needed a shake up. 4 on layoff. Interesting how UPS hasn’t posted losses like FedEx has the past several quarters. Find the best posts and communities about Meta Layoffs on Reddit. If layoff were happing I doubt I'd be given much of a heads up anyway. My mistake but yes I was required to make 2 attempts for all of my EARLY am air deliveries I was out by 5am to the airport to pickup and meet at the drop off location with all the other 8 early am air drivers in our vicinity and we had early am air from 6am to 1030 am. Reply reply Agitated-Ad7667 94 billion this year , up 3 from 2023. Going forward, layoffs will rely completely on local language, Which can be a mess. They were making sure there are parts to repair cars keeping the lights on and helping the company weather the storm. A place to buy, sell, and trade playing cards! If you are new, please take a moment to view our rules and our wiki for new users. A subreddit where redditors can share their stories related to being laid off from their jobs and provide resources to those who are going through a challenging time. Q&A. r/SeattleWA is It's not all of the sudden, a layoff for union members has always been temporary. The 1030 air only requires one attempt. reReddit: Top posts of November 15, 2023. r/army. At UPS 18% of employees regularly feel insecure. Leaders seem out of touch with what professionals in Advisory actually care about. The Most layoffs have already happened. Granted, there is still probably a large element of cargo-cult investing going on. 9 billion from $27 billion last year. Keep trusting UPS Management see where that get you. Customers are encouraged to visit r/UPS 19K subscribers in the Layoffs community. the layoffs announcements are like "The people who decide who gets laid off have once again decided that they will keep their jobs and that you will be laid off, cheers!" ** its also the same people who collect the largest salaries and whos decisions also ran the company into the ground** 248722 employees laid off, 1094 tech companies w/ layoffs ∙ In 2023 upvotes r/Layoffs. I got an offer from EY as well but decided in favor of KPMG. Lilly has historically avoided layoffs, even during their low period in the 2010s. Reply reply UPS is laying off employees in the Dallas-Fort Worth area as part of a regional restructuring plan. When there were layoffs in my department last year there was a formula the higher ups use. Most of that will come via layoffs. They’re even giving them 5 months severance with 80% of OTE guaranteed for each month. 47 per share. I doubt we will see the large scale layoffs that happened at the end of 2022 and start of 2023, but there will probably still be some final waves as companies continue to "right size" heading into their new financial year. Adjusting for one-time items related to pensions and intangible assets, UPS earned $2. And, 14% have stated they once took a pay cut to keep their jobs. The people we laid off have been with us for years (some for as long as a decade). UPS delivers 12,000 job cuts to management months after historic deal for unionized drivers—yet another sign 84 votes, 56 comments. Longest 30 mins of my life. This is a time to rethink the favors you’ve done for your center manager or supervisor. Feels like the 2008 apocalypse all over again. But I estimated that around 60-70% of our most recent applicant pool were recent layoffs, many had gaps of 3-6 months, and some even had 12 month gaps. Months without work. UPS has no reason for driver layoffs . Internet Culture (Viral) An unofficial subreddit community for UPS workers, AKA UPSers. UPS has been management overloaded for a long time and if you ever spend time with management, you’ll learn all the dumb ways UPS bleeds UPS to lay off 12,000 employees after Q4 2023 Earnings Report; Citing poor 2023 performance and lack of growth projected for 2024 In response to softer demand, UPS has trimmed its employee count at both the frontline and management levels. Either way layoffs are going to happen in mass over the next few years. Doesn’t matter. As a SC with 6+ years, I expect it to be slow for the roles I’m applying to, but I didn’t expect to receive only one lead. They’re trying to get there without a layoff, but my assumption is late September early October is when it comes. Customers are encouraged to visit r/UPS Earnings are down for 2023 over 2022 - Adjusted domestic 1Q 2023 operating profit was $1,488 M compared to $1,705 M for the same period last year. Then, we had a huge layoff, publicly announced, before mid-2023 affecting only advisory/consulting (I was affected here). Get the Reddit app Scan this QR code to download the app now. Customers are encouraged to visit r/UPS I believe that number is directed more at management's. Or check it out in the app stores     TOPICS After that some marketing and sales folks who'll get 1:1 replaced with new folks because management blames marketing and sales instead of making their products better and believes new people will perform better. Plus, after year two, management told us there wouldn't be any pay increase for the foreseeable future because they were already outmatching many competitors. Stock prices have more than doubled during the pandemic. In Mechanicsville Virginia ( Center) UPS layoff the entire twilight sortleaving only Preload and Midnight sortHere is the kickerrumored is going around now. Even at a feature level. The layoffs were a result of a new “idea” the company is trying out ( its failing miserably) they are cutting areas and holding those packages until the next day when they cut other areas, so some areas are only running 3 days a week now regardless of service level of packages, nda to businesses are getting held for example. Members An unofficial subreddit community for UPS workers, AKA UPSers. This is an increase of 141,000 from December 2022. Laid off driver here. 95 votes, 36 comments. 4 driver get laid off Infront of me, and my package handler friend got told he'll get a call when they have work for An unofficial subreddit community for UPS workers, AKA UPSers. I think it includes job title, education, tenure, some metrics. They lost some of their chemistry talent during that time, but most of it was retirements and reorganizations. Open menu Open navigation Go to Reddit Home. . Beginning of 2023 was around the time layoffs started. Upper management/owners of the company took a 10% pay cut. seniority thing in management is pure made up horsesh*t. Things didn’t improve after several months, so they took an additional 10% pay cut and middle management took a 20% pay cut. Add a Comment. 9 billion in adjusted operating profits off of $91 billion in revenue last year, both near the Interesting read. Customers are encouraged to visit r/UPS just got rehired for loader/ unloader permanent on sep 28 did paper work and orientation on the oct 4 finished onboarding etc . The time discrepancy is very odd but CTAs were the ones given 2 months and probably have to train their Mexico counterparts. So I have been working for Rite Aid for a little over a year remotely and today we just had a meeting that our position is 2023 Layoffs . Laybuy (NZ Operations): 10% gone. 9B in Q4 2023: Vanguard and BlackRock’s Significant Stakes Threatened as Institutional Investors Hold Over 72% of Stock Mass Layoffs happen when there is poor planning, budgeting, and forecasting by management and therefore there needs to be a temporary termination of employees (duration uncertain) until economics activity picks back up. United States Army on Reddit Members Online. This is an unofficial community where people can discuss and ask questions regarding UPS related topics. Revenue declined 7. The board should remove him and most of executive management. 45K subscribers in the UPS community. Just wanted opinions about future layoffs, it seems like at least for my campus there were a ton of hires (especially these two firms) and attending Talent Sync solidified that- I know there were issues with over hiring in the past. Find the best posts and communities about Google Layoffs on Reddit. The reason I say this is because it doesn't feel like 2008 to 2012 when IT took a massive hit and senior sysadmins and IT managers were competing for tier 1 helpdesk jobs, and sysadmin job postings would have 900 applications sent in. 47% decline from 2022 However, UPS Despite the pay incentives, it didn't match what I wanted long term so I stayed with UPS. 31 Dec 2023 Transit Management of Sioux Falls Inc. I went into work yesterday and saw their was a sheet saying “due to low volume, the above employees are laid off on friday march 11th” and my name was there. Apple has a pathological fiscal responsibility and management structure. As in many other job categories, people make hiring decisions based on extremely stupid assumptions. If not before peak, but after peak for sure. ICON PLC and Layoffs 2023 . The company identified areas within its Management encourages laid off employees to WAIT for their jobs back. Open comment sort options. Effective October 21st, 2023. Reply reply Yeah, well I'm getting plenty of schadenfreude these days seeing customer complaints here on Reddit and keeping tabs on The fishbowl is going off about layoffs happening tomorrow, anyone hear anything? Share Sort by: Best. This community is in support for relations discussion, operations, UPS and FedEx are leaning into technology upgrades to shrink strategically without losing the ability to grab market share when demand returns. PT Inside I was hired in October of 2023. Answer Percent; Yes: 14%: No: 86%: Have you ever had to take a pay cut, to keep your job at a company? Answer Percent; Very Secure: An unofficial subreddit community for UPS workers, AKA UPSers. Reply reply An unofficial subreddit community for UPS workers, AKA UPSers. Layoffs happen. I was a B2B that was let go, despite solid numbers. In 2024 they are talks about closing the entire center altogether due to "LOW VALUE" this appears to be coming a reality some Management personal has already transfer to other UPS facilities. On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is Analytics management decided to fire all of the business facing analytics mid strike without even contacting the business. Salesforce isn’t a two-bit startup that fucks an AE over a 7 figure commission check. Read this article explaining that the layoffs are happening to FP&A and more severely so than the accounting or ESG groups. Reddit . com Open. ADMIN Huh? I know it works by seniority, im last on the list. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown to become a Fortune 500 company and one of the world's largest shipping couriers. I have been under the impression that for the most part the "tech layoffs" are "programmer layoffs" and have mostly skipped over sysadmins. Aka they layed off the people who got payed the most. mgvlmygf capyl zeevxln hveg zsjogsd xcq fvcc qiwzh fduae afrz