UPS Boosts 4Q Guidance; Outlines Job Cuts - Smart Money UPS said it would cut 1,800 staff in the U.S., with a one-time charge offset by savings in its domestic small-package unit. However, the company said the cuts were as part of a long-planned management restructuring, rather than a reaction to the slow economy. It cut about 13,000 U.S. jobs last year, mostly through attrition, in response to the recession and a steep downturn in package volume. "We're talking about adopting a leaner management structure for the domestic business," UPS spokesman Norman Black said. The latest cuts have "nothing to do with the economic recession."