UPS to slash 12,000 jobs, revenue still under pressure- Republic World ...Middle East

Updated January 30th, 2024 at 20:06 IST The development comes after the company forecast full-year 2024 revenue below estimates. UPS Layoffs | Image:Wikipedia Listen to this article 1 min read United Parcel Service will lay off 12,000 employees after forecasting below-estimate results for the 2024 fiscal, the company said on Tuesday. UPS will also explore strategic options for its truckload freight brokerage business, Coyote, it added. “We’re going to fit our organisation to our strategy and align our resources against what’s wildly important,” Carol Tome, CEO of the company told stock analysts on the quarterly earnings call. The Atlanta-based company, which

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UPS to slash 12,000 jobs, revenue still under pressure- Republic World ...Middle East

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