Ups Layoffs 2024. The tech layoff wave is still going strong in 2024. To cut costs in an already challenging 2024, ups announced tuesday it will reduce its worldwide workforce by 12,000 positions this year, leading to roughly $1 billion in.
The company displayed shortcomings in 2023, not to mention a new contract for ups union. In july, ups reported a decline in operating profit for the first half of 2024 compared with 2023.