UPS SAYS IT’S SLASHING 12,000 JOBS
Cuts are 5 months after union deal as revenue outlook disappoints
BY MICHELLE CHAPMAN Chapman writes for The Associated Press.
BUSINESS
UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.
The company also hinted that its Coyote truck load brokerage business may be put up for sale. UPS acquired the Chicago-based company for $1.8...
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