Ups Layoffs 2024 Ai. Managers and contractor positions will make up most of the layoffs. Ups is eliminating 12,000 jobs in an effort to align resources in 2024 and will save the company nearly $1 billion, the shipping company's ceo said.
Ups announced tuesday that it will cut 12,000 jobs as part of a bid to save us$1 billion costs. Ups stock price dropped sharply tuesday as it announced layoffs amid falling revenue, and hinted at a possible sale of its coyote truck load brokerage business.