Executives said on last week’s call that the closures are paying off.
https://www.supplychaindive.com/news/ups-volume-capacity-reduction-q3-earnings/731226/
Executives said on last week’s call that the closures are paying off.
https://www.supplychaindive.com/news/ups-volume-capacity-reduction-q3-earnings/731226/
UPS did not create or produce AI or robotics. They are just customers of a product someone else sells and controls which also makes them vulnerable. Too bad they did not invent AI/robotics for their own business plan years ago.
AI can work 24 hours a day. AI do not get vacations. AI don't call in sick. AI don't belong to a union. AI don't file grievances. AI don't require UPS to pay healthcare benefits. AI don't get pensions. YES, AI has it's issues, but the AI benefits outweigh the consequences. You can take a hub with 700 hourly and 400 management employees, convert it to a AI hub and only need 300 hourly and 200 management employees
Silly to count on AI and automation with all that's in the news about computer hacki-gs from around the globe. Humans are much more reliable.
More layoffs to follow. Once management has been decimated, UPS will go after the union workforce.