Create account

Coverage dated January 29, 2024 to January 30, 2024

UPS layoffs 2024: 12,000 jobs cut just months after reaching union deal

Headline from FOX 5 DC

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.

FOX 5 DC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

43 articles, oldest first.

  1. Delaware Public Media

    UPS is cutting 12,000 jobs just months after reaching union deal (opens Delaware Public Media)

    Published

    Delaware Public Media's feed description

    UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. CEO Carol Tome said that the job cuts will produce $1 billion in cost savings.

  2. KING 5 Seattle

    UPS to cut 12,000 jobs 5 months after reaching union deal as revenue outlook for year disappoints (opens KING 5 Seattle)

    Published

    KING 5 Seattle's feed description

    The CEO of UPS said that by reducing the company's headcount UPS will realize $1 billion in cost savings.

  3. ABC 7 San Francisco

    UPS is cutting 12K jobs amid disappointing sales outlook, company says (opens ABC 7 San Francisco)

    Published

    ABC 7 San Francisco's feed description

    The job cuts come as UPS issued a disappointing sales outlook for this year, saying it expects global revenue of between $92 billion to $94.5 billion.

  4. CBS News

    UPS to cut 12,000 jobs 5 months after agreeing to new labor deal (opens CBS News)

    Published

    CBS News's feed description

    UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.

  5. KVOA Tucson

    UPS is cutting 12,000 jobs (opens KVOA Tucson)

    Published

    KVOA Tucson's feed description

    UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs.

  6. Las Vegas Review-Journal

    UPS announces it will cut 12K jobs (opens Las Vegas Review-Journal)

    Published

    Las Vegas Review-Journal's feed description

    UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.

  7. WSVN Miami

    UPS to cut 12,000 jobs 5 months after reaching union deal as revenue outlook for year disappoints - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)

    Published

    WSVN Miami's feed description

    UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply at the opening bell.The company also

  8. WHDH Boston

    UPS is cutting 12,000 jobs - Boston News, Weather, Sports (opens WHDH Boston)

    Published

    WHDH Boston's feed description

    New York (CNN) — UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor

  9. The Boston Globe

    UPS to cut 12,000 jobs as wages rise and package volumes fall (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    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 contract it signed in the summer.

  10. AL.com

    UPS cuts 12,000 jobs, tells employees to be in office 5 days a week (opens AL.com)

    Published

    AL.com's feed description

    CEO Carol Tome said that by reducing the company’s headcount UPS will realize $1 billion in cost savings.

  11. The Columbian

    UPS to cut 12,000 jobs as revenue, profit drop in 2023 (opens The Columbian)

    Published

    The Columbian's feed description

    UPS announced it is cutting 12,000 jobs, after rocky economic conditions and lost business from labor negotiations last year led to a sharp decline in its 2023 revenue and profit.

  12. Insider

    UPS is cutting 12,000 jobs as CEO cites soft demand and high labor costs following historic contract deal (opens Insider)

    Published

    Insider's feed description

    On the heels of a historic Teamsters contract, UPS told investors the company would reduce its headcount by 12,000.

  13. KYMA Yuma

    UPS to lay off about 12,000 employees due to decline in revenue (opens KYMA Yuma)

    Published

    KYMA Yuma's feed description

    UPS says major layoffs are on the way as the company released a statement on Tuesday, saying it would cut about 12,000 employees due to a decine in revenue combined with rising labor costs.

  14. NBC News

    UPS is cutting 12,000 jobs, citing softer demand and higher union labor costs (opens NBC News)

    Published

    NBC News's feed description

    UPS announced it would cut 12,000 jobs — some 2.4% of the company's more-than-500,000-strong global workforce.

  15. Los Angeles Times

    UPS to cut 12,000 jobs 5 months after reaching union deal (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    UPS Chief Executive Carol Tome said that by reducing the headcount, the company will realize $1 billion in cost savings.

  16. FOX Business

    UPS plans to cut 12,000 jobs (opens FOX Business)

    Published

    FOX Business's feed description

    UPS is planning to cut jobs after its revenue forecast missed estimates. It's the latest in a string of companies to announce plans to lay off workers.

  17. FOX 5 DC

    UPS layoffs 2024: 12,000 jobs cut just months after reaching union deal (opens FOX 5 DC)

    Published

    FOX 5 DC's feed description

    UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.

  18. NJ.com / Star-Ledger

    UPS announces layoffs, set to cut 12,000 jobs (opens NJ.com / Star-Ledger)

    Published

    NJ.com / Star-Ledger's feed description

    The package and parcel delivery service joins companies like Google, Microsoft, Amazon and more in recent job cut announcements

  19. Black Enterprise

    UPS Cutting 12,000 Jobs Months After New Labor Agreement (opens Black Enterprise)

    Published

    Black Enterprise's feed description

    UPS announced Tuesday it will lay off 12,000 workers just five months after it reached a new labor deal that gave its workers big raises

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

UPS layoffs 2024: 12,000 jobs cut just months after reaching union deal | Since Then