Ups Layoffs 2024
Ups Layoffs 2024. United parcel service plans to cut about 12,000 jobs this year as the company tries to slash costs in the face of falling package volumes and higher wages linked to a union. Including ups, at least five companies operating in oregon have reported a total of more than 500 layoffs to the state so far this year, including the shipping and warehousing.
Ups will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply at the opening bell. Now, more layoffs are on the horizon.