Business

UPS is cutting 12,000 jobs

New York (CNN) -- UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs.
Posted 2024-01-30T14:18:14+00:00 - Updated 2024-01-30T18:51:06+00:00

New York (CNN) — UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs.

This is a developing story. It will be updated.

The-CNN-Wire™ & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

Credits