Ups Layoffs 2024 Schrikkeljaar. Ups announced tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Ups plans to cut roughly 12,000 jobs this year to save $1 billion in costs as the delivery giant navigates a soft demand environment, executives said on the company’s q4.

The layoff announcement came on tuesday morning during an earnings. Tuesday’s announcement reveals a split between the fates.