Ups Job Cuts 2024 Nyc. Ups said it will lay off 12,000 employees. The cuts come as ups reported its revenue declined 9.3% in 2023 to about $91 billion.
United parcel service plans to cut about 12,000 jobs this year as the company tries to slash costs in the face of falling package volumes and higher wages linked to a union. The company displayed shortcomings in 2023, not to mention a new contract for ups.