Ups Layoffs 2024. The company also hinted that its. On tuesday, after reporting disappointing earnings, ups announced it would save more than $1 billion by cutting 12,000 of its 85,000 management jobs.
Ups said tuesday it will cut 12,000 jobs, with the mass layoff coming only months after the delivery company averted a massive strike by agreeing to a new labor contract. Ups now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much as $94.5 billion.
Here's What You Need To Know About Ups Layoffs:
Ups plans to cut 12,000 jobs as demand for package delivery stagnates, executives said tuesday.
Ceo Carol Tomé Is Seeking To Offset High Labor Costs And Low Package Demand.
Nearly 25,000 tech workers were laid off in the first weeks of 2024.
Ups Layoffs 2024 Images References :
2024 · 10:30 Am Utc · Ago.
Ups now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much as $94.5 billion.
Headcount Reductions In 2024 Will Be Concentrated Within Management Roles And Contracted Positions, With 75% Of The Cuts Coming In The First Half Of.
