UPS to cut 1,800 management, administrative jobs

rookietrucker · Jan 8, 2010

UPS to cut 1,800 management, administrative jobs

ATLANTA UPS said Friday it will cut 1,800 management and administrative positions to streamline its U.S. small package segment. The world's largest package delivery company also raised its profit forecast for the fourth-quarter that ended in December, citing improving operations and cost cuts.

About 1,100 employees will be offered a voluntary separation package as part of the work force reduction, UPS said. UPS has 408,000 employees worldwide. About 340,000 of those workers are in the U.S. The small-package segment, where most of the cuts will come, handles shipments of up to 150 pounds by ground and air.

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scorpiorias · Jan 8, 2010

That is no BS, HLN even reported on that....it makes me wonder what USPS will do since they have been loosing big money lately.

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