Business
UPS is cutting 12,000 jobs
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 positions will make up most of the layoffs.
Posted — UpdatedBy Chris Isidore, CNN
CNN — 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 positions will make up most of the layoffs.
This is a developing story. It will be updated.
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