Sandy Springs-based shipping giant UPS finds itself on uneven footing after the announcement that it will cut 20,000 jobs amidst a “cutback” to its relationship with Amazon and concerns over consumer demand and the economy. The company will also shut down 73 leased and owned buildings, with plans to cut costs by about $3.5 billion in 2025. CEO Carol Tomé put a positive spin on the situation, calling it an opportunity to “reconfigure our network” and consolidate facilities, but in the short term UPS finds itself SINKING…
Could Paramount be coming to Georgia?
Paramount Skydance, one of the biggest and most prominent entertainment companies in the world, is furious at its home state of California over a lawsuit filed by the state’s attorney general attempting to stop a merger. In response, Chair David Ellison has threatened to move from Los Angeles to a state not actively suing his company, and Georgia was on the shortlist of possibilities. Gov. Brian Kemp welcomed the speculation at a luncheon Monday (and took a jab at California Gov. Gavin Newsom), and while it’s a longshot the mere possibility of luring Paramount has Georgia RISING…
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