UNITED PARCEL SERVICE (UPS) plans to cut 12,000 management jobs and explore the sale of its Coyote truck brokerage business in moves CEO Carol Tomé is taking to offset soft demand and higher union labour costs.
The jobs reductions, about 14% of 85,000 full-and part-time managers, will save $1 billion this year and more in subsequent years, Tomé said on an earnings conference call with analysts on Tuesday.
She also said the company planned to ask workers to return to office five days a week in 2024.
Diese Geschichte stammt aus der January 31, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der January 31, 2024-Ausgabe von Financial Express Mumbai.
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