I think there were already multiple posts on HN about this. Most recent I rememb... | Hacker News

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		trymas 8 months ago \| parent \| context \| favorite \| on: Port of Los Angeles says shipping volume will plum... I think there were already multiple posts on HN about this. Most recent I remember UPS firing 20 000 people. Edit: https://news.ycombinator.com/item?id=43835849

toomuchtodo 8 months ago [–]

This was because UPS let an Amazon delivery deal roll off that was not profitable.

https://www.sec.gov/Archives/edgar/data/1090727/000109072725...

https://about.ups.com/us/en/newsroom/press-releases/financia...

wavefunction 8 months ago | [–]

UPS said it was because shipping volumes at Amazon are down, so it's not-profitable because shipping-volumes are down. lol

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