UPS axes 48,000 workers in sweeping cost-cut push, sparking stock surge

UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.

UPS axes 48,000 workers in sweeping cost-cut push, sparking stock surge
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.

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