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Tag: Union Wage Rates

Estimated read time 2 min read
Investing

UPS to Cut 12,000 Jobs Amid Cost-Saving Measures and Disappointing Sales Forecast

February 9, 2024
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In a significant restructuring move, UPS announced eliminating 12,000 jobs, targeting mainly managerial and contractor positions. This decision is part of the company’s broader strategy [more…]

Tagged Cost Savings, Job Cuts, Labor Contract Negotiations, Market Growth, Pandemic, Revenue Decline, Sales Forecast, Teamsters Strike, Union Wage Rates, UPS
Leave a Comment on UPS to Cut 12,000 Jobs Amid Cost-Saving Measures and Disappointing Sales Forecast

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