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The Latest UPS Headlines
U.P.S. Plans to Cut 1,800 Jobs
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<blockquote data-quote="cheryl" data-source="post: 667747" data-attributes="member: 1"><p><strong>U.P.S. Plans to Cut 1,800 Jobs - New York Times</strong></p><p></p><p>United Parcel Service said on Friday that it would cut 1,800 management and administrative jobs as it repositioned itself for a gradual recovery.</p><p></p><p>About 1,100 employees will be offered buyouts, which are meant to streamline the company’s small-package segment in the United States. Other cuts will come through attrition and layoffs. The small-package segment represents roughly 60 percent of the company’s annual revenue. It handles shipments of up to 150 pounds by ground and air.</p></blockquote><p></p>
[QUOTE="cheryl, post: 667747, member: 1"] [B]U.P.S. Plans to Cut 1,800 Jobs - New York Times[/B] United Parcel Service said on Friday that it would cut 1,800 management and administrative jobs as it repositioned itself for a gradual recovery. About 1,100 employees will be offered buyouts, which are meant to streamline the company’s small-package segment in the United States. Other cuts will come through attrition and layoffs. The small-package segment represents roughly 60 percent of the company’s annual revenue. It handles shipments of up to 150 pounds by ground and air. [/QUOTE]
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