Yep....probably going out of business.
I see massive layoffs in January
About anyone with little-to-no seniority? If you worked here for a year you get to work here for at least the next 10-20.Volume for peak seems very low. 20 years with the company and I have worked less hours then a normal day. Should we be worried???
100 a share now. Might go down 10 or more.Go short on UPS stock!
Volume for peak seems very low. 20 years with the company and I have worked less hours then a normal day. Should we be worried???
Volume for peak seems very low. 20 years with the company and I have worked less hours then a normal day. Should we be worried???
I don't have any inside knowledge on this, but my 2¢ is that the company could bring more volume in if they choose to. Instead of the usual peak nonsense of trying to stuff 3 pounds of in a 1 pound bag, spending a ton of money on OT and leased equipment and all the usual peak headaches, they're trying something different. Revenue will drop, but maybe the margins will pop up and dull the hit. Maybe injury rates drop. Injuries are expensive and can be quite long term.
Might not be a bad play.Go short on UPS stock!
Lmao. Immediately what I thought of
I mean only ups could decide peak week is a good time to squeeze costs.Our stops per car is down, but we have 6 more routes in than last year, plus we have 3 guys in uhauls delivering bulk, post offices and doing pick ups.
We had a sign up sheet for Saturday, the sheet was down tonight and I asked about it. Higher ups say that it will be too expensive to deliver on Saturday, so the plan was cancelled. We were going to run 2 trailers and get a jump start on Monday. My boss is sweating if anyone will have hours left for next week on Saturday.