Ups Canada Layoffs 2024. Managers and contractor positions will make up most of the layoffs. Ups will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.
Ups said tuesday it will cut 12,000 jobs, with the mass layoff coming only months after the delivery company averted a massive strike by agreeing to a new labor contract. After 2023 saw widespread layoffs across several sectors such as retail, banking and technology, 2024 has kicked off on a similar note.