Ups Layoffs 2024. The shipping giant, which forecast weak demand for parcel delivery in 2024, has said it plans to lay off 12,000 employees to save $1 billion in costs. Ups will have layoffs in 2024, but it's not yet clear where.
Here’s what you need to know about the looming job cuts. The layoffs will eliminate around 2.4 percent of upsโs global workforce of roughly 495,000, with about 75 percent of the job reductions coming in the first half of 2024.