UPS Announces 12,000 Job Cuts Due to Drop in Package Volume
By Jack Phillips The United Parcel Service (UPS) on Tuesday announced 12,000 job cuts after reporting a decline in the volume of packages being shipped, coming months after the company came to an agreement with a top union to pay drivers higher wages. Officials with the shipping firm confirmed to several news outlets the number of job cuts, saying they represent fewer than 3 percent of…
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