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junfong
2021-09-24

UPS CEO: We're going to have the workers we need for peak season

UPS(NYSE:UPS)CEO Carol Tomé said Thursday that it will have the workers it needs to handle the peak

UPS CEO: We're going to have the workers we need for peak season

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The company blamed the impact of the tight labor market for the disappointing results.\nThe UPS CEO presented a more optimistic view of the coming months, saying the company plans to hire 100,000 seasonal workers to handle the added demand that comes with the holidays.\n\"Even in this tight labor market, I feel very good about where we are,\" she said.\nOn the overall supply-chain problems that have dogged the economy since the COVID re-opening, Tomé predicted that the bottlenecks would last for \"awhile,\" although she wouldn't specify just how long that would be.\n\"These issues have been a long time in coming and it's going to take all of us working together to clear the blockages,\" she said.\nCommenting on the firm's longer-term strategy, Tomé reported that the company remains focused on enterprise customers and sees growth for their business as consumers continue to shift more toward e-commerce.\nUPS fell in sympathy with FDX earlier this week, following that company's profit warning. 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UPS CEO: We're going to have the workers we need for peak season

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