Ups Management Layoffs 2024. To cut costs in an already challenging 2024, ups announced tuesday it will reduce its worldwide workforce by 12,000 positions this year, leading to roughly $1. Ups announced tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs.

Ups will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. Ups announced tuesday that it will cut 12,000 jobs as part of a bid to save us$1 billion costs.