Ups Laying Off Management Employees 2024. Ups in a statement said that a small number of employees are being laid off at its louisville centennial hub as it matches staffing with business needs. Ups will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.
Ups announced it will cut 12,000 jobs over the next several months, following a $9 billion revenue loss in 2023. Ups announced tuesday that it will cut 12,000 jobs as part of a bid to save us$1 billion in costs.