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CEO Carol Tomé said the cuts are a part of efforts to change how the company works amid a slowdown in shipments. Shares fell about 8%. CEO Carol Tomé said the cuts are a part of efforts to change how the company works amid a slowdown in shipments. Shares fell about 8%. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg | Getty ImagesUPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically, in its fourth-quarter earnings report. The company also announced 12,000 layoffs as part of an effort to align resources in 2024.The workforce reductions will save the company about $1 billion in costs, CEO Carol Tomé said on a…

Logistics company FedEx announced its own commerce platform called FDX today. The platform will likely compete against Amazon by offering merchants services like demand generation, fulfillment, tracking, and post-purchase experiences including returns. The company said that FDX is currently in private preview with plans for a wider launch in fall 2024. Businesses can register their interest in trying it out through a form. The company didn’t mention any brands that are part of the pilot program.…

Sign up to our free IndyArts newsletter for all the latest entertainment news and reviewsSign up to our free IndyArts newsletter American actor and model Alec Musser, who appeared in the US drama All My Children and the Adam Sandler 2010 film Grown Ups, has died, aged 50. Musser’s fiancée, Paige Press, confirmed the news in a heartbreaking post shared on Instagram on Saturday (13 January), which included several photographs of the couple together. “RIP to the love of my life,” Press wrote. “I will never stop loving you.…

An estimated 260 million packages disappeared in the U.S. last year, according to Safewise, many taken right from the front door area while a camera recorded the theft. As the holiday season kicks into high gear, package thefts are a top concern, and one shipping company is using artificial intelligence to combat porch pirates.Nearly one in four adults had a package stolen in the last 12 months, a survey by Finder said. Theft can be an even more serious problem if those packages contain necessities, like medication, or…

An internal memo from Microsoft confirmed that Bobby Kotick, the controversial CEO of Activision Blizzard, will leave the company on December 29. Bobby Kotick has been CEO of Activision Blizzard — the company behind popular game franchises like Call of Duty, Candy Crush, Crash Bandicoot, and Diablo — since 1991 and is one of the most derided executives in the video game industry. Workplace conditions at companies owned by Activision Blizzard were problematic during his reign, with this all coming to a head in a 2021…

Credit: Pixabay/CC0 Public Domain Every year, parcel delivery companies—think UPS and FedEx—hire tens of thousands of seasonal driver helpers to handle the deluge of presents that arrive with the holidays. At peak times, shipping firms depend on their helpers just as much as Santa depends on his elves. And those companies could save millions of dollars each year—and shave time off their deliveries—simply by tweaking the roles…

More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform on Thursday.This comes as the company, formerly known as Twitter, risks losing as much $75 million in advertising revenue by the end of the year as major brands pause their marketing campaigns on the platform, according to the New York Times.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIndian School of…

Listen to article(2 minutes)Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the ranks, where promotions come with bigger pay bumps, or where employees stick around and build careers.That information has been hard for employees to find. A new ranking of Fortune 500 companies seeks to help job-hunters avoid dead-end jobs. The 2023 American Opportunity Index rates companies by how well they help employees, especially those without college degrees, move into better,…

Photo: Tom Williams/CQ-Roll Call, Inc (Getty Images)Amazon will deliver more packages in 2023 than anyone, according to a report Monday from the Wall Street Journal. The tech giant is on track to surpass UPS and FedEx in shipping volume this year, and it seems fitting that a tech giant will undoubtedly ship more gifts than anyone this Cyber Monday.Top 5 Shopping Tips for Amazon Prime DayThere’s a quiet changing of the guard in the delivery sector. Amazon is on track to deliver 5.9 billion packages in 2023, according to…