Ups Laying Off Workers 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 savings for the company. Nearly 25,000 tech workers were laid off in the first weeks of 2024.

Parcel delivery firm ups has said it will cut 12,000 jobs, after it was hit by a softer economy and a labour fight that scared away some customers. Ups plans to cut 12,000 jobs as demand for package delivery stagnates, executives said tuesday.