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UPS to cut 12K positions after poor earnings

Revenue fell 9.3% in 2023

Yael KatzwerbyYael Katzwer
January 30, 2024
in Express
Reading Time: 8 mins read
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UPS will terminate 12,000 positions in the next several months after reporting $91 billion in revenue in 2023, a decrease of 9.3% year over year.  “2023 was a unique and, quite candidly, a difficult and disappointing year,” UPS Chief Executive Carol Tome said in today’s fourth-quarter and full-year earnings call. “We experienced declines in volume, […]

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Tags: earningsHong Kong International Airport (HKIA/HKG)PremiumTeamstersUPS
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