UPS announces it will cut 12,000 jobs
Logistics giant UPS said Tuesday it would cut about 12,000 jobs, shortly after reporting quarterly revenues that disappointed analysts. In a conference
UPS announces it will cut 12,000 jobs

Logistics giant UPS said Tuesday it would cut about 12,000 jobs, shortly after reporting quarterly revenues that disappointed analysts. In a conference call, CEO Carol Tome said the company was seeking to “align” its resources, adding that the cuts would save it around $1 billion in costs this year.

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