Ups Management Layoffs 2024. Revenue also came up short in the fourth. 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. 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.