Ups Layoffs 2024 Ai. The latest bomb to drop came today (jan. Ups ceo kicks off productivity drive by cutting 12,000 managers.
Updated 12:41 pm pdt, january 30, 2024. Ups plans to cut 12,000 jobs as demand for package delivery stagnates, executives said tuesday.
The Layoffs Will Eliminate Around 2.4 Percent Of Ups’s Global Workforce Of Roughly.
Managers and contractor positions will make up most of the layoffs.
Headcount Reductions In 2024 Will Be Concentrated Within Management Roles And Contracted Positions, With 75% Of The Cuts Coming In The First Half Of 2024, Executives Said.
Ups announced it’s cutting 12,000 jobs around the world over the next several months after what it says was a difficult and disappointing year, with lower.
Updated 12:41 Pm Pdt, January 30, 2024.
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The Job Cuts Are Expected To Reduce Costs By $1Bn (£790M) This Year.
Ups recently announced the shipping giant would be laying off workers in 2024.
A Ups Spokesperson Later Said Ai Is Not Replacing Workers, And That Executives Did Not Make An Explicit Connection Between Ai And The Permanent Layoffs On The Company’s Earnings Call.
From the automotive to the technology sectors, layoffs are on the rise in 2024, and ups has followed suit.read next:
The Company Also Hinted That Its Coyote Truck Load Brokerage Business May Be Put Up For Sale.