@UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs, with most impacted positions being made up of managers and contractors. The job cuts come as UPS issued a disappointing sales outlook for this year, saying it expects global revenue of between $92 billion to $94.5 billion, up from the $91 billion in revenue it reported for 2023. #ups #job #jobs #sales #layoff #layoffs #laidoff #position #positions #managers #contractors #news #fyp #foryoupage #abc7news