Ups announced it's cutting 12,000 jobs around the world over the next several months after what it says was a. Ai helps ensure those jobs aren’t coming back, ceo tomé says;
The layoffs are slated to save ups $1 billion in costs this year alone. Shares of ups dropped nearly 9% tuesday.
Ups Is Eliminating 12,000 Jobs In An Effort To Align Resources In 2024 And Will Save The Company Nearly $1 Billion, The Shipping Company's Ceo Said.
Amazon, google, citigroup and others have.
Ai Is Also A Contributing Factor Of These Layoffs, And In The Future, Job.
Ups plans to cut 12,000 jobs as demand for package delivery stagnates, executives said tuesday.
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Headcount Reductions In 2024 Will Be Concentrated Within Management Roles And Contracted Positions, With 75% Of The Cuts.
Ai helps ensure those jobs aren’t coming back, ceo tomé says;
In A Statement, Ups Ceo Carol Tomé Described 2023 As A “Difficult And Disappointing Year” And Emphasized The Company’s Focus On Investing In Artificial.
Managers and contractor positions will make up most of the layoffs.