UPS to cut 12,000 jobs citing less demand, higher costs kotaradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kotaradio.com Daily Mail and Mail on Sunday newspapers.
UPS executives also mentioned increased labor costs as a factor, where UPS agreed with the Teamsters last summer on a deal that involved raises of up to 55% over five years for specific workers. Read more.