Ups Laying Off Workers 2024. Ups will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. Here's what you need to know about ups layoffs:

Managers and contractor positions will make up most of the layoffs. To cut costs in an already challenging 2024, ups announced tuesday it will reduce its worldwide workforce by 12,000 positions this year, leading to roughly $1.