Ups Management Layoffs 2024 Dates. United parcel service plans to cut about 12,000 jobs this year as the company tries to slash costs in the face of falling package volumes and higher wages linked to a union. The global shipper ups announced tuesday that it’s planning to eliminate 12,000 jobs over the next few months — most of them in management.

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. Citi reduced its 13 layers of management to eight.