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UPS plans to cut 12,000 jobs

Por: 10 WBNS Nation January 31, 2024

NEW YORK — UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. The company also hinted that its Coyote truck load brokerage business may be put up for sale. UPS acquired the Chicago-based company for $1.8 billion in 2015. The Teamsters in September voted to approve with UPS, putting a final seal on contentious labor negotiations that of businesses and households nationwide. The contract... + full article



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