Ups Layoffs 2024 Olympics. Ceo carol tomé is seeking to offset high labor costs and low package demand. Ups plans to cut 12,000 jobs as demand for package delivery stagnates, executives said tuesday.
The teamsters in september voted to approve a tentative contract agreement with ups, putting a final seal on contentious labor negotiations that. Package delivery company ups announced plans to eliminate about 12,000 jobs on tuesday morning after seeing a slump in demand at home and abroad.