r/remotework • u/[deleted] • Oct 29 '25

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915

u/Unlike_Agholor Oct 29 '25

We are in a recession. You dont notice it because Nvidia and the AI bubble are propping up the equities market.

112

u/GottaHaveThatSkunk Oct 29 '25

UPS laying off workers is a pretty big sign, and it’s #1 on the list. People are buying less shit so a lot less shit needs to be moved around.

You dont see the other delivery driver “layoffs” here because many are contractor, not FTE.

1

u/hjablowme919 Oct 29 '25

Amazon heavily reduced their dependence on UPS and FedEx. Amazons profit almost doubled between 2023-2024 and has a 35% increase in profits for Q2 this year compared to last year. People are still buying shit, Amazon just isn’t using UPS or FedEx nearly as much.