Amazon Is Paying Employees $10,000 to Quit and Start Delivery Businesses [The Motley Fool]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: The Motley Fool
Amazon Is Paying Employees $10,000 to Quit and Start Delivery Businesses This is the latest move from the e-commerce giant to help facilitate one-day deliveries. Amazon.com ( NASDAQ:AMZN ) dropped a bombshell during the conference call to discuss its first-quarter results last month. According to CFO Brian Olsavsky, the company would be making significant changes to its popular free two-day shipping program for Prime members. "We're currently working on evolving our Prime free two-day shipping program to be a free one-day shipping program," he said. "We're able to do this because we've spent 20-plus years expanding our fulfillment and logistics network, but this is still a big investment and [we have] a lot of work ... ahead of us." Now, Amazon has announced the next step toward that objective. The company just revealed it will expand its Delivery Service Partner program in the U.S., paying eligible employees $10,000 to start their own delivery business. In a blog post on Monday, t
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UPS
Earnings
- 1/30/24 - Beat
UPS
Sec Filings
- 3/27/24 - Form 4
- 3/22/24 - Form 4
- 3/22/24 - Form 4
- UPS's page on the SEC website