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by 6510 857 days ago
With slaves or prison labor you can sustain even smaller margins, can have many more people employed and you can avoid automation for much longer.

> plans to lay off 12,000 employees to save $1 billion in costs

( 1000 000 000 / 12 000 = 83 334 )

> The mass layoffs mainly target management-level and contractor positions.

> She attributed the weak performance to increased labor costs, challenges in the broader U.S. economy, freight complications abroad and the disruption tied to labor negotiations last summer that diverted business to rivals.

https://moneywise.com/news/top-stories/ups-ceo-says-delivery...

> The deal will also create 7,500 new full-time union jobs at UPS (NYSE:UPS) and the fulfillment of 22,500 open positions, giving more opportunities for part-timers to transition to full-time work.

7.5 + 22.5 - 12 = 18 ?