UPS Cuts 12,000 Jobs. INCREASED Labor cost
1 year ago
36
UPS plans to cut 12,000 jobs and explore the sale of its Coyote truck brokerage business. The jobs reduction will save $1 billion this year, CEO Carol Tomé said on a earnings conference call with analysts. She also said the company planned to ask workers to return to office five days a week in 2024.
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