A post submitted by CGI member Morgan.

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https://citizenwatchreport.com/pitney-bowes-slashes-2300-jobs/

Pitney Bowes is slashing 2,300 jobs in the third quarter of 2024. This cost-saving measure is part of the company’s aggressive push to improve its bottom line. By reducing its workforce, Pitney Bowes aims to streamline operations and cut unnecessary expenses.

The job cuts come as part of a broader “cost rationalization” strategy. This term refers to the company’s effort to reduce its overall spending, both internally and externally, to increase profitability. It’s not just about cutting jobs; it’s about rethinking how the company spends its money across all areas.

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I was in print and mail for quite a number of years, and we used their equipment. Lettershop, postage machines, and whatever else I can't remember. It was a long time ago. If Pitney Bowes is going down, that means there's probably tenfold companies that need their equipment going down. I couldn't find another lettershop job after Best Strategy over 10 years ago, even though I was a speed daemon on running those machines. Yeah, more people are paying bills online, but I wonder if there are also a lot less people around to bill? I really wonder what the REAL population of the planet is. Is it really still growing, or is it going down worldwide? Not that anyone can answer that, but hey.

Well, maybe they can; but Akashic Library Card holders ain't talkin'.