Ups Layoffs In 2024. Ups is eliminating 12,000 jobs in an effort to align resources in 2024 and will save the company nearly $1 billion, the shipping company's ceo said. Ups narrowly averted a strike in the summer when the union that represents more than 300,000 of its workers, the international brotherhood of teamsters, threatened to walk off.

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. Ups is eliminating 12,000 jobs in an effort to align resources in 2024 and will save the company nearly $1 billion, the shipping company’s ceo said.