UPS layoffs 2024
The layoffs will eliminate around 2.4 percent of UPS’s global workforce of roughly 495,000. About 75 percent of the job reductions will come in the first half of 2024. UPS saw its fortunes surge early in the pandemic, but package volume has decreased.
- UPS layoffs: 12,000 jobs to be cut; executives cite soft demand, labor costs - The Washington Post