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UPS to cut 12,000 jobs just 5 months after reaching union deal

UPS CEO Carol Tome said that by reducing the company's headcount UPS will realize $1 billion in cost savings.

United statesNew yorkUnited parcel service incA united parcel serviceUnited parcel serviceParcel serviceWall street

Atlanta-based UPS announces plan to cut 12K jobs worldwide

Atlanta-based United Parcel Service Inc. is planning to cut 12,000 jobs worldwide and explore the sale of its Coyote truck brokerage business in response to soft demand and higher union labor costs in 2023.

United statesSan franciscoCarol tomJustin sullivan gettyA united parcel serviceUnited parcel service incUnited parcel serviceGetty imagesChief executive officer carol tom

UPS to cut 12,000 jobs just 5 months after reaching union deal

UPS CEO Carol Tome said that by reducing the company's headcount UPS will realize $1 billion in cost savings.

New yorkUnited statesUnited parcel service incA united parcel serviceUnited parcel serviceParcel serviceWall street

UPS to cut 12,000 jobs 5 months after reaching union deal as revenue outlook for year disappoints

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply at the opening bell.

United statesNew yorkAssociated pressA united parcel serviceUnited parcel service incUnited parcel serviceRichard drewParcel serviceWall street

UPS to cut 12,000 jobs just 5 months after reaching union deal

UPS CEO Carol Tome said that by reducing the company's headcount UPS will realize $1 billion in cost savings.

United statesNew yorkA united parcel serviceUnited parcel service incUnited parcel serviceParcel serviceWall street

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