Ups Management Layoffs 2024. In july, ups reported a decline in operating profit for the first half of 2024 compared with 2023. Ups said tuesday it will cut 12,000 jobs, with the mass layoff coming only months after the delivery company averted a massive strike.

Ups plans to cut roughly 12,000 jobs this year to save $1 billion in costs as the delivery giant navigates a soft demand environment, executives said on the. Planning to eliminate 12,000 jobs over the next few months — most of them in.