United Parcel Service (UPS) said on Tuesday it would cut 12,000 jobs and explore strategic options for Coyote, its truckload freight brokerage business, after the company forecasted full-year 2024 revenue below estimates, Reuters reported. The UPS Layoffs will save the company about $1 billion in costs, CEO Carol Tomé said on a company earnings call. iRobot Layoffs: After Amazon Terminates Acquisition Deal, Consumer Robot Maker Announces To Lay Off Around 350 Employees, Nearly 31% Workforce.

UPS Layoffs

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