UPS Layoffs: Shipping and Logistics Firm Announces 12,000 Job Cuts
The UPS Layoffs will save the company about $1 billion in costs, CEO Carol Tomé said on a company earnings call.
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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