UPS, Amazon Cuts
Digest more
The Daily Overview on MSN
UPS to slash 48,000 jobs in its biggest shakeup in 100+ years
United Parcel Service is undertaking the most sweeping overhaul of its workforce in more than a century, cutting 48,000 positions as it tries to reset its business model for a slower, more competitive era of parcel delivery.
(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday,